Lookonchain: Terraform Labs sold 20 million LDO at an average price of $2.07

ChainCatcher news, according to on-chain data monitoring by Lookonchain, an address marked by Nansen as Terraform Labs has today sold all of its LDO, with a total holding of 20 million tokens and an average selling price of $2.07.

Among them, 15.3 million LDO (approximately $32 million) were sold on DEX at an average price of $2.1, while another 4.7 million LDO (approximately $9.4 million) were transferred to the cryptocurrency exchange Binance on May 9, selling at an average price of $2.

According to the crypto data platform RootData, Luna and Terra developer Terraform Labs participated in a $2 million financing deal with Lido in 2020 and obtained 20 million LDO tokens. (source link)