Billion-dollar trading company Jump Trading has sold a portion of LDO, the native token of liquid staking protocol Lido Finance, with a profit of 194%.
On-chain analytics company Lookonchain launched on March 8 via its official social media account. in his postvalued at $4.6 million by Jump Trading in May 2021 1,207 Ethereum (ETH) bought in return 5.59 million of LDO 179 thousand worth a dollar 70 thousand your custom it’s been sold conveyed.
LDO at the time of purchase, 0.85 during the day when trading in dollars 2.50 by jumping up to $ to 194% much snow made it possible. On the other hand, according to the data, if Jump Trading had continued to stay in ETH, it would have been approximately 56% drop would be exposed.
Since the last sale of Jump Trading, the analytics company has held approximately 7.63 million worth a dollar 2.99 million piece LDO He said there were more.
According to Coinecko data in the last 30 days 8.7% valued LDO, as of writing 2.50 traded at the dollar level.