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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?
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@LidoStaking #Lido #onchain
What are Wallet Addresses that need special attention in the near future if you invest in the $LDO token?
Thread 👇👇
@LidoStaking #Lido #onchain
https://twitter.com/LouisN_LXXIV/status/1665355459300130818
1/ Wallet address: 0xe289cf875ebc11868bf1f7b9535fd9adbdb6a383
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.
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.
1.2/
=> So maybe in the past time #Jumptrading has borrowed a certain amount of #LDO from the project; in return, #JumpTrading will be to help the project grow stronger, and #JumpTrading is in the process of paying tokens for the project. project based on borrowing tokens.
=> So maybe in the past time #Jumptrading has borrowed a certain amount of #LDO from the project; in return, #JumpTrading will be to help the project grow stronger, and #JumpTrading is in the process of paying tokens for the project. project based on borrowing tokens.
1.3/
Talking about the wallet address of the project to transfer #LDO to the exchange, however, the volume transferred to the exchange is not too large, and this will not affect the current price line too much.
Talking about the wallet address of the project to transfer #LDO to the exchange, however, the volume transferred to the exchange is not too large, and this will not affect the current price line too much.
2/ Wallet address: 0x735fd3c55a8be1aeb3544c7e29eba3ea23500a1c
Kraken's wallet (0x735...0a1c).
This is the wallet address of #Wintermute and also a Smart Money for LDO.
Kraken's wallet (0x735...0a1c).
This is the wallet address of #Wintermute and also a Smart Money for LDO.
2.1/ In the past, from June 15, 2022, to July 1, 2022, this wallet had an action to transfer LDO with a very large volume (Balance: 3.4M) at a price range of $0.46-0.48 and took partial profits at the price range from 1.6-2.7$.
2.2/ Until November 20, 2023, the strong wallet sold nearly 50% of #LDO at the price of $ 1.1, and from the time this wallet collects to the time of discharge, the ROI of this wallet from June to October is very high.
2.3/ Currently, this wallet is moving #LDO to the wallet with an increasing volume from December 29, 2022, to May 15, 2023.
However, at the time of writing, #LDO Balance is 6.18M #LDO, so within the past 2 weeks, this wallet has been showing signs of discharging #LDO.
However, at the time of writing, #LDO Balance is 6.18M #LDO, so within the past 2 weeks, this wallet has been showing signs of discharging #LDO.
2.4/ Thus, we see that the volume of #LDO transfer to the wallet in large quantities mainly comes from #Wintermute. They use many different addresses to transfer to the wallet.
2.5/ The volume of #LDO transfer to the floor mainly goes to retailers so it does not affect the price line of #LDO too much
3.1/
Paradigm Capital has gathered an order of 70,000,000 #LDO= 139M $USD; as we know, Paradigm Capital participated in the Venture Round with an entry of $0.73.
Paradigm Capital has gathered an order of 70,000,000 #LDO= 139M $USD; as we know, Paradigm Capital participated in the Venture Round with an entry of $0.73.
3.2/
So they are making a 3.04x return on their investment, so they need to keep a close eye to see how they move.
So they are making a 3.04x return on their investment, so they need to keep a close eye to see how they move.
4.1/ This Jump Trading wallet address has a continuous collection of $LDO from #Binance, and #OKX exchanges from mid-February until now with a series of very small orders.
4.2/ 9 days ago, this wallet address sold a large amount of LDO with a value: of 2,000,000 LDO. The time this address sells at the right time of the bad market so the LDO is also affected in price (Selling entry of #Jumptrading: 2.3x$)
4.3/ However, after clarifying the wallet address of #Jumptrading, the team found that there is a hidden wallet address of #Jumptrading with the #Lido project.
4.4/ Looking at the picture, we see that the wallet address is related to Jumptrading, and the project is the wallet address:
0x9b4bf7ec2883b80784295a4aa0a0f6d02fc37fb5.
0x9b4bf7ec2883b80784295a4aa0a0f6d02fc37fb5.
4.5/ This wallet address transferred a large amount of #LDO received from the project and then transferred to #JumpTrading's wallet address to transfer #LDO to the exchange to take profits.
4.6/ Thus, we see that #JumpTrading is having a right hand buy and a left hand sale to distract investors in the past time.
5/ Smart Money (SM)?
Looking at the picture, we can see that Total Smart Money increased sharply in early May, which is also a good sign for the forecast, however, recently SM wallet addresses are in the sideway range, and mostly MMs and VCs are active primarily.
Looking at the picture, we can see that Total Smart Money increased sharply in early May, which is also a good sign for the forecast, however, recently SM wallet addresses are in the sideway range, and mostly MMs and VCs are active primarily.
Looking at the most objective aspect, $LDO's SM volume has also been quite large, to have a deeper insight, we need to keep an eye on the upcoming SM move to see what the next move is; the volume of SM's is increasing. how
6/ Conclusion
Thus, we see that the number of holders of the project has been growing in recent times, marking the development of the project in the near future.
Thus, we see that the number of holders of the project has been growing in recent times, marking the development of the project in the near future.
6.1/
The project's deposit and withdrawal volume is struggling at the price range of $ 1.9 - 2.x $, so we need to monitor more in the near future. What is worth mentioning and worth watching is the move of #JumpTrading.
The project's deposit and withdrawal volume is struggling at the price range of $ 1.9 - 2.x $, so we need to monitor more in the near future. What is worth mentioning and worth watching is the move of #JumpTrading.
6.2/
#JumpTrading's move is extremely annoying as they constantly mix hashes, and at the same time, they fool the community by transferring a large amount of #LDO to the wallet and at the same time, they combine with the LDO project to sell a large amount of LDO on the exchange.
#JumpTrading's move is extremely annoying as they constantly mix hashes, and at the same time, they fool the community by transferring a large amount of #LDO to the wallet and at the same time, they combine with the LDO project to sell a large amount of LDO on the exchange.
This will affect the @LidoStaking project in the short term.
6.3/
Withdraw volume is dominating when withdrawing to the majority of wallets are Market Maker and VCs. This shows that it is possible for #LDO to grow in the near future.
Withdraw volume is dominating when withdrawing to the majority of wallets are Market Maker and VCs. This shows that it is possible for #LDO to grow in the near future.
6.4/
#LDO is still a project that many investors care about and expect in the near future, so everyone can learn more about the project to be able to reduce money reasonably.
#LDO is still a project that many investors care about and expect in the near future, so everyone can learn more about the project to be able to reduce money reasonably.
In addition to @LidoStaking, I also note the onchain move from 2 other projects in the #LSD array, @fraxfinance, and @Rocket_Pool.
If you are interested in these 2 projects or have any questions about @LidoStaking, please let me know in the comments.
If you are interested in these 2 projects or have any questions about @LidoStaking, please let me know in the comments.
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