Lido's initial investor deposited 4.3 million LDO, which will be held for 5 years, into Kraken 1 hour ago

According to Yu Jin Monitoring, an initial investor/institution of Lido transferred 4.3 million LDO (1.61 million USD) to Kraken after holding LDO for five and a half years. This institution received an investment allocation of 5 million LDO in December 2020, and at its peak in 2021, these LDO were worth 30 million USD, but now their market value is only 1.88 million USD.

However, their cost of acquiring the coins was only 0.0085 USD, and even at the current price, they still have over 40 times the profit.