A Whale spent $4.98 million to increase the position of LDO after a year, and is now at a floating loss of $1.74 million.

According to Spot On Chain, in the past 9 hours, a Whale starting with "0x655" has exchanged 1512 ETH and 10,500 FXS (worth $4.98 million) for approximately 2.72 million LDO at a purchase price of $1.833 per LDO, breaking a year of silence. The last time this Whale made a large purchase of LDO was in January 2024. Currently, the Whale holds 5.765 million LDO (worth $10.15 million), with a floating loss of $1.74 million.