An institution or team transferred 6.7 million LDOs to CEX in the past 20 hours, and 17.81 million LDOs have been transferred to CEX in the past 4 days.

Reprinted from panewslab
05/17/2025·24DPANews reported on May 17 that according to the on-link analyst Ember Monitoring, in the past 20 hours, another 6.7 million LDOs (6.61 million US dollars) have entered Binance, OKX, Bybit, and Gate. The agency or team has transferred 17.81 million LDOs (US$18.14 million) to CEX in the last 4 days. The LDO price also pulled back from $1.16 to the current $0.93 during this period, down 20%.
Yesterday , in the past three days, 2 addresses including one of the Lido team's home address have transferred 11.11 million LDOs (US$11.53 million) into Binance, OKX, Bybit, and Gate.