As $LDO price is bouncing back by nearly 4% over the past 24 hours, we noticed:

1. Whale 0x85f, also a safe multsign, deposited all of its 20M $LDO ($30.8M) to Coinbase Custody/Prime on October 13, 14:59 PM (UTC):

• notably, the whale received those $LDO from two vesting recipients, 0xb84 and 0xe49, on June 5, 2023. The two vesting addresses, in turn, received 20M $LDO in their vesting from Lido Aragon Token Manager on December 18, 2020 (~3 years ago)
• address: 0x85fb5a4a124192cdfae14882b6585d2044c6ee6e

• vesting address 1: 0xb842afd82d940ff5d8f6ef3399572592ebf182b0 (vested 17.178M $LDO)
• vesting address 2: 0xe49f68b9a01d437b0b7ea416376a7ab21532624e (vested 2.282M $LDO)

2. Nine fresh whales withdrew a total of 19,588,481 $LDO ($30.3M) from the Coinbase address shortly afterward:

• 8 addresses received 2,422,098 $LDO ($3.74M) each
• 1 address received 211,699 $LDO ($327K)
• $LDO slightly surged after the accumulation
• visit the visualizer for the nine addresses that received $LDO

Fig 1. Price chart of $LDO at the points of deposit and accumulation.

Fig 2. List of nine addresses that received $LDO from Coinbase.