In the past day, there have been various activities in the cryptocurrency market involving whales and institutional buyers. Tron Founder, Justin Sun, discussed the strategic investments of his firm, Tron, in WLFI, which has sparked conversations within the community about World Liberty Financial's crypto holdings.

At the same time, a dormant Lido DAO whale, identified with the address "0x655," has reappeared after a year of inactivity. This whale purchased LDO tokens in January 2024 and currently holds 5.675 million tokens worth $10.15 million. However, the whale has incurred a loss of $1.47 million over the past year. The whale recently made a token swap and has shown multiple buying activities of LDO tokens in the last 24 hours.

These activities have drawn attention to Lido DAO in the crypto market. The altcoin has been displaying bullish signs over the past week and has experienced a modest price increase of 3.90% in the past day. LDO has garnered significant market attention recently and is currently trading at $1.83.

Looking at its weekly chart, Lido DAO has seen a 7.87% increase after experiencing some dips. However, the price data shows increased fluctuations, contributing to the modest price increases observed.

In addition, other altcoins such as Chainlink and Raydium have also shown bullish momentum in the past 24 hours, according to data aggregators.



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