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This is why LDO whales are outpacing retail traders despite holding at a loss


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After establishing itself as the go-to staking king, whales now have eyes on the Lido finance token. This was because 87% of the LDO supply at the time of writing was held by whales despite holding the tokens at a loss.

According to IntoTheBlock data, crypto whales have an incredible hold of the entire token concentration of Lido Finance [LDO]. As of this writing, 87% of the supply was in the possession of large holders.

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