Giant Whale is Collecting from This Altcoin on the Radar of Institutional Investors!

Lido DAO ($LDO), which has been the favorite of individual and corporate whales lately, is at the level of 2.5 dollars.

While whales continue to buy $LDO, the latest news came from Lookonchain.

According to Lookonchain's post, the whale, which has been purchasing $LDO since October, has already made a profit of $1.4 million from its $LDO investment.

But the whale did not stop. In order to buy $LDO again, Balina deposited all of her LDOs into Aave and borrowed 1.56 million $USDT.

“Whale is optimistic about the $LDO price.

One whale bought 2 million $LDO (valued at $3.6 million) at an average price of $1.79 since October 2nd, making a profit of $1.4 million at the current price.

Whale deposited the entire 2 million $LDO into Aave and borrowed 1.56 million $USDT to purchase more LDOO.”

A whale is long $LDO.

This whale bought a total of 2M $LDO($3.6M) at ~$1.79 since Oct 2, with a profit of ~$1.4M at the current price.

The whale deposited all 2M $LDO($5M) to #Aave and borrowed 1.56M $USDT to buy more $LDO.https://t.co/msOCypGH8i pic.twitter.com/p6bmAeVo76

— Lookonchain (@lookonchain) November 24, 2023

*This is not investment advice.