Recently, a large investor, called a "whale," has been buying an altcoin called LDO, from a company called Lookonchain, as of October 2nd. The whale has already made a profit of $1.4 million since then. Not content to rest, the whale then deposited all 2 million LDOs (valued at $5 million) into the Aave platform and borrowed 1.56 million USDS from it to buy more LDOs. This bullish behavior has been seen by some business-savvy analysts as a sign that the alt-coin could be gaining attention from institutional investors and may be worth doing further research into. It is, however, important to remember that this is not investment advice and investors should always do their due diligence before investing in cryptocurrency.



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