A crypto trader has been intensifying their accumulation of Lido DAO (LDO), indicating a shift in their investment strategy. The trader recently purchased 1.167 million LDO tokens worth $2.38 million, and still holds 750 WETH. This suggests that Lido DAO is a main target for the trader's portfolio. The trader also holds other altcoins, including 2.987 trillion PEPE worth $46.4 million and 10.24 million ENA worth $9.12 million. The activity of this trader and other whales accumulating LDO indicate positive prospects for Lido DAO's future growth. Additionally, there has been an increase in whales transferring coins from exchanges, reflecting rising optimism in LDO's future price movement. Lido DAO is a key player in DeFi, allowing investors to liquid-stake tokens. The recent uptrend in LDO's price has been accompanied by bullish movements in other alternative cryptocurrencies like PEPE and ENA.
Content Editor ( blockchainreporter.net )
- 2025-01-25
Lido DAO Rises as Whales Acquire $7.28 Million LDO Amid Price Surge
