Paradigm Capital has once again transferred 10 million LDO this morning, with the expectation to sell it through a CEX.

BlockBeats News, June 21st, according to Ashes Monitor, Paradigm transferred the last 10 million LDO it held (worth $7.42 million) 10 hours ago, and these LDO will continue to flow into multiple CEXs in the next few days.

Four years ago, Paradigm purchased 70 million LDO from the Lido treasury OTC at a price of $0.76. They sold 50 million LDO at an average price of $1.31 on November last year and recently sold 20 million LDO at an average price of $0.79 over the past 11 days. The composite average price of the transfers was $1.16, meaning they made approximately $28.13 million in profit on this LDO investment.