📢 APE Insider Makes Big Move Into Lido DAO — Now Holding $4.58M in LDO
A well-known onchain trader — previously flagged for a massively profitable Apecoin trade — has just grown their Lido DAO ($LDO ) position to 10.26 million tokens, worth around $4.58M, according to Lookonchain.
The accumulation comes right after LDO’s sharp 19% drop on April 20, caused by the KelpDAO-related DeFi chaos. 🔻
Instead of exiting, this wallet bought even more — a classic contrarian move.🛒🤨
Over the past 24 hours, LDO has bounced +5%, supported by improving sentiment across DeFi. Trading volume also climbed to $58.4M, showing renewed interest from both traders and large investors.📈
🔍 Why LDO is attracting smart money
Lido controls about 28% of all staked ETH, making LDO holders influential in one of DeFi’s biggest ecosystems.
With a recent $20M token buyback and new OTC purchases from other investors, the pattern is clear: big players see this dip as opportunity.😉
✨I always find it interesting how “smart money” often moves quietly during market fear — and later shapes the narrative.
👇 Bullish accumulation or risky bet?
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