When the whole crypto market was waiting for Ethereum’s Shanghai upgrade, Binance moved 1.52M Lido DAO to a new account.
- Binance Involves a Massive Transaction of Lido DAO Worth $4M.
- Lido DAO’s trading price increased by 2.98% in the last 24 hours.
Lido DAO (LDO) is the liquid staking solution for Ethereum. In recent days, LDO has been getting attention in the crypto market. LDO token continues the bullish trend over the past week. The coin witnessed a trading price increase of around 9% in the last seven days.
Lido DAO Making Strong Impression
When the whole market was waiting for the Shanghai upgrade, the whale transaction by the crypto exchange Binance added more attention to the LDO. It boosted the coin’s trading volume, which increased by 6.4% in the last 24 hours.
At the time of writing, the trading price of the Lido DAO is $2.62, with an increase of 2.98% in the last 24 hours. With that, the coin climbed to the 30th rank on CoinMarketCap.