Cobie's associated address collected and transferred out an LDO of 6.58 million US dollars, and several trading platforms received large deposits

In comparison, according to on-chain analyst @EmberCN monitoring, several addresses linked to well-known crypto KOL and investor Jordan Fish (Cobie) completed asset collection today, transferring a total of 20 million LDOs, worth about US$6.58 million at current prices.

Over the past 30 minutes, the LDO mentioned above has been transferred to centralized trading platforms such as Binance, OKX, and Kraken.

The market usually sees the transfer of large tokens to trading platforms as a potential signal to sell, so this transfer has drawn the market's attention to the subsequent sell-off pressure on LDO. However, up to now, on-chain data only shows that assets have been recharged, and it is not yet possible to confirm whether they have been sold or only transferred.

LDO is the governance token for Lido DAO. Lido is currently one of the largest liquidity staking protocols in the Ethereum ecosystem. Its token trend is often affected by factors such as ETH market sentiment, growth in staking business, and changes in large holders' positions.