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Just spotted something interesting - that whale who made $2.27M in a single day trading APE is back in the game. This time they're going heavy on LDO, stacking 8.69M tokens worth around $3.72M with 5x leverage. Pretty aggressive move considering the ape market has been wild lately.
What caught my eye is their history with LDO though. They took a loss of $194K on a previous long position, so this is basically them doubling down after getting burned. The ape news cycle keeps bringing these big players back in - they clearly think there's money to be made even after taking some hits.
Watching how this plays out. LDO sitting at $0.39 right now. If they're using that much leverage, any sharp move could get messy. Classic ape-style risk-taking.