Coin

<ul class="news-points"> 
 <li><strong>Lookonchain has identified significant transactions involving LDO.</strong></li> 
 <li><strong>FalconX has accumulated 6.48 million LDO in the past five days.</strong></li> 
 <li><strong>Transactions performed by FalconX include a one-time withdrawal of 1.23 million LDO.</strong></li> 
</ul> 
<p>Lookonchain, the smartmoney on-chain platform, has identified significant transactions involving LDO, the native coin of the liquid staking solution, Lido. According to Lookonchain, FalconX, an institutional crypto trading platform, has accumulated 6.48 million LDO, equivalent to $9.8 million from <a href="https://coinedition.com/tag/binance-news/">Binance</a>, in the past five days.</p> 
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   <p lang="en" dir="ltr">FalconX withdrew 1.23M <a href="https://twitter.com/search?q=%24LDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$LDO</a> ($1.86M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> again today.<a href="https://twitter.com/hashtag/FalconX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#FalconX</a> has accumulated a total of 6.48M <a href="https://twitter.com/search?q=%24LDO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$LDO</a> ($9.8M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> in the past 5 days.<a href="https://t.co/Nc3oc607da" target="_blank" rel="nofollow">https://t.co/Nc3oc607da</a> <a href="https://t.co/10XR7lGxbR" target="_blank" rel="nofollow">pic.twitter.com/10XR7lGxbR</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1712632846177951768?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 13, 2023</a>
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<p>According to Lookonchain, the transactions performed by FalconX include a one-time withdrawal of 1.23 million LDO, worth $1.86 million, from Binance today, October 13. Before this withdrawal, Lookonchain posted on October 11 that FlaconX withdrew 5.25 million LDO, equivalent to $8.13 million, within three days. Hence, the smartmoney on-chain platform suggests that FalconX is …</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/lookonchain-identifies-ongoing-ldo-accumulation-by-falconx/">Lookonchain Identifies Ongoing LDO Accumulation by FalconX</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Lookonchain Identifies Ongoing LDO Accumulation by FalconX

Coin Edition

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