Paradigm Capital transferred 10 million LDO to the address starting with 0xC4D 10 hours ago

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Techub News reports that according to X user Ember monitoring, an address marked as Paradigm Capital transferred 10 million LDO to an address starting with 0xC4D 10 hours ago, valued at approximately $7.42 million. These tokens are expected to be sold through CEX. Paradigm originally purchased 70 million LDO from the Lido Treasury OTC 4 years ago at $0.76 per token. In November last year, they sold 50 million tokens at an average price of $1.31, and in the last 11 days, they sold 20 million tokens at an average price of $0.79.

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