LDO Tokens

It is reported that according to the data disclosed by the chain analyst @ Lookonchain, the address marked by Nansen as Terraform Labs has sold all 20 million LDOs today at a price of $207, of which 15.3 million LDOs (about $32 million) were sold on DEX at an average price of $2.1, and 4.7 million LDOs (about $9.4 million) were transferred to the cryptocurrency exchange on May 9, when the selling price was $2. Terraform Labs participated in Lido’s $2 million financing transaction in 2020 and obtained 20 million LDO tokens. Terraform Labs has sold all 20 million LDOs Analysis based on this information:The recent data revelation by Lookonchain discloses that Terraform Labs has sold its entire 20 million LDO tokens today at a price of $207. This sale has brought Terraform Labs an amount of over $40 million. The LDO tokens were sold in two parts- 15.3 million LDOs for $32 million on a decentralized exchange at an…