04:44
A Whale unstaked 526,000 LPT and transferred to a CEX, expected to profit 2.01 million USD.
According to Gate News bot, on-chain analyst Yu Jin has monitored that a whale/institution redeemed 526,000 LPT from the LPT PoS staking contract in the past hour, ( 481 million USD ) and then transferred it to a CEX. These LPT were withdrawn from the CEX and staked at a price of 5.9 USD between February and April. LPT has risen by 55% in the past week, which is likely the reason for his choice to redeem LPT and transfer it to CEX to take profit, with an expected profit of 2.01 million USD.
LPT1.19%
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