Paradigm Capital transferred another 10 million LDOs this morning, expected to be sold through CEX
2025-06-21 08:02:23
According to Ember Monitor, Paradigm transferred the last 10 million of its holdings (worth $7.42 million) 10 hours ago, and these LDOs will continue to flow into multiple CEXs over the next few days. Paradigm bought 70 million LDOs from Lido Treasury OTC for $0.76 4 years ago. It sold 50 million at an average price of $1.31 last November and 20 million at an average price of $0.79 in the last 11 days. The combined average price of the transfers was $1.16, which means they made about $28.13 million on the LDO investment.
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