Lido Early-Stage Investor Deposits 4.3M LDO to Kraken After 5+ Years of Holding

LDO0.34%
According to BlockBeats, on July 17, Lido's early-stage investor deposited 4.3 million LDO ($1.61 million) into Kraken one hour ago, more than five years after receiving the initial allocation. The investor had acquired 5 million LDO tokens in December 2020 with a cost basis of $0.0085 per token, resulting in over 40x profit at current prices despite the holding declining from a peak value of $30 million.
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