Louis N Profile picture
Jun 4 10 tweets 4 min read Twitter logo Read on Twitter
In part 1, we discussed the basic overview of the @LidoStaking project at the moment.

In Part 2, we'll dive into $LDO's On-chain data analysis.

Thread 👇👇

$LDO #Lido #Lidostaking Image
1/ What is the status of the Top Holder of the @LidoStaking project?

The number of holders of the $LDO project is still growing steadily recently, so we see that investors' confidence in the project is quite high and shows that investors are interested in the project. Image
1.1/
The number of holders holding $LDO over 1 year (Diamond hands) accounts for only 37.22%; this ratio shows that speculators in the project are quite small.
1.2/
The number of holders holding $LDO over 1 month (Silver hands) and 6 months (Golden hands) is the main topic when these two age groups are dominating. This shows that there will be new cash flow in the near future
1.3/
The number of holders of $LDO is quite optimistic at the moment when the community of the project is quite strong, which will help the project grow in the near future.
2/ Buy - Sell; Deposits and withdrawals on DEX and CEX are available, but what are the signs in the last 7 days?
2.1/ Buy – Sell on DEX in the last 7 days?

Looking at the picture, we can see that the Buy-Sell volume within 7 days does not overwhelm each other, which means that in this price range, the Buy-Sell parameters are struggling with each other. Image
Looking closely, the transaction value on the DEX is too small, accounting for only 0.72% of the total supply, which shows that the Buy-Sell parameter on the DEX does not affect the price line too much. LDO is mostly traded on CEX.
2.2/ How to deposit – withdraw on CEX within the last 7 days?
With a battle volume of 5.6% of the total supply, so the Deposit and Withdrawal parameters will affect the price line.
Specifically, we see that Withdraw volume is taking up 50.83%, but Deposit volume is not too bad. Image
3/ However, to make it clearer, we have to know who are MM, VCs, Whale, Retailer, who is pushing to the floor, and who is withdrawing to the wallet.

Therefore, I will carefully analyze the notable wallet addresses in Part 3.

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More from @LouisN_LXXIV

Jun 4
Part 3 of @LidoStaking on-chain analysis:

What are Wallet Addresses that need special attention in the near future if you invest in the $LDO token?

Thread 👇👇

@LidoStaking #Lido #onchain Image
1/ Wallet address: 0xe289cf875ebc11868bf1f7b9535fd9adbdb6a383 Image
1.1/ Within the last 7 days, this wallet address transferred 1,000,000 $LDO = 2,059,997 $USD to #Binance 3 days ago.

To clarify this wallet a bit, this is the project's wallet; this wallet address has received a large amount of #LDO mainly from #JumpTrading.
Read 30 tweets
Jun 2
Do you wonder what the On-chain data of the
@LidoStaking project is showing?

Thread 👇👇

#LIDO #LSD #Lidostaking Image
@LidoStaking 1/ Although narrative LSD is no longer hot, the projects in this area are still very active. Typically, LDO with the amount of ETH staking into the system has increased continuously and has not shown a downtrend. LDO is still the platform that attracts the most liquid-staking ETH Image
1.1/ On the LDO platform alone, the number of ETH being staking is more than 6.1 million, a significant number, especially after Lido Finance enabled ETH withdrawal after the V2 main net launch.
Read 14 tweets

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