Arthur Hayes transferred 2.31 million LDO tokens (worth approximately $980,000) to FalconX, increasing supply as the LDO price remained stable near the demand zone of $0.41-$0.42. Although buyers actively absorbed selling pressure, the overall trend remains bearish with sellers in control. The dense liquidity around $0.43 and $0.40 suggests that once the current compression phase ends, the price could experience sharp volatility.

LDO-0,09%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.