Lido’s buyback just turned $LDO into a supply squeeze ⚡

Lido has officially kicked off its token buyback after community approval, with 4.82 million LDO moving from a top-tier exchange into the Growth Committee’s management wallet for execution. That’s a clean signal of project-side demand, and it comes after LDO already climbed 40% from $0.27 to $0.38 as the market started pricing in the flow.

The tape is now about whether this bid keeps soaking up liquidity or if the move has already front-run the catalyst. When a protocol starts buying into strength, whales usually watch for follow-through, not just the first pop.

Not financial advice. Manage your risk and protect your capital.

#LDO #Lido #DeFi #Crypto #Altcoins

Stay sharp ⚡

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