- Lookonchain tweeted that a whale bought 475K Lido tokens from Binance.
- According to preconceived notions, LDO broke the formidable 50-day MA after whale activity.
- Bulls tussle tooth and nail with the bears; LDO could move in either direction.
Lookonchain, a crypto analysis platform, tweeted that a whale bought 474,527 Lido DAO tokens (LDO) worth $1.24M from Binance. This was the second time that the whale bought LDO tokens for the day.
Source: https://coinedition.com/ldo-whale-on-a-buying-frenzy-is-this-an-attempt-to-manipulate-price/