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The whale buys 4.5M of LDO worth $1.86M through OTC after the launch of the buyback program
Lido's LDO token buyback program led to a large purchase of 4.5 million LDO tokens by a whale for $1.86 million, along with 10,000 AAVE tokens for $1.15 million, from Wintermute and FalconX respectively.
A message from Gate News, April 17 — Following Lido's launch of its LDO buyback program, a whale or institution acquired 4.5 million LDO tokens, valued at approximately $1.86 million, through OTC transactions, according to on-chain analyst Ember Chen.
The entity also purchased 10,000 AAVE tokens, worth around $1.15 million, during the same period.
LDO tokens originated from Wintermute, and AAVE tokens were issued by FalconX, both major market makers and trading service providers.