Chun Wang, a well-known personality in the cryptocurrency community who co-founded two major mining pools, F2Pool and Stakefish, has kept on offloading large amounts of Lido DAO tokens (LDO). Just now, Wang sold another 300,000 LDO tokens for 517,926 USDT, at a price of $1.726 per token. This sale is part of an ongoing, larger strategy that has seen Wang liquidate millions of LDO tokens over the past several months. For a whale to do this and not have it affect the price in a significant way is pretty impressive. Since he came back to the market on November 21,
The post Chun Wang Continues LDO Sell-Off: A Closer Look at His Strategic Moves and Market Impact appeared first on The Merkle News.
]]>Chun Wang, a principal player in the cryptocurrency mining and staking industry, and a co-founder of major blockchain infrastructure companies F2Pool and Stakefish, has further cut his position in Lido DAO (LDO). Wang sold 500,000 LDO tokens for 807,412 USDT at an average price of $1.615. This recent sale is part of a larger ongoing effort by Wang to liquidate his holdings in Lido DAO since his return to the market after a 10.5-month break in November 2024. Wang’s actions have attracted a lot of attention, particularly because he was an early supporter of Lido DAO. As a founding member,
The post Chun Wang (F2Pool/Stakefish) Sells 500,000 LDO for $807,412, Continues to Liquidate Lido Holdings appeared first on The Merkle News.
]]>
The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) […]
]]>
Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
]]>
Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.
]]>Earlier this week, Lido Finance ($LDO) introduced the Community Staking Module (CSM) on the Ethereum mainnet, marking a significant development in its liquid staking solutions for proof-of-stake (PoS) networks. CSM opens with an Early Adoption phase, where select solo stakers and high-performing participants from the testnet stage gain initial access. This module enables any node operator to use Lido on Ethereum to run validators, with the capital requirement reduced to just 2.4 $ETH for the first validator. By lowering the entry threshold, Lido aims to make validator operations more accessible to a broader range of participants.
@LidoFinance $LDO has
The post Lido Finance Launches Community Staking Module As Whale Sells Off $LDO At A Loss appeared first on The Merkle News.
]]>Rune Christensen, the founder of Sky (formerly MakerDAO), is close to offloading the last of the 25 million $LDO tokens he originally received as an early member of Lido Finance’s decentralized autonomous organization (DAO). On December 17, 2020, Christensen was allocated 25 million $LDO when the token was priced at $1.75. Since 2022, Christensen has been gradually selling off his $LDO holdings, averaging a sale price of $1.94 over time. His latest transaction occurred just five hours ago, when he sold 400,000 $LDO for $407,300 in $USDC, translating to a sale price of $1.02 per token. This recent move leaves
The post Rune Christensen Sells Final Batch Of $LDO From Initial Lido Finance Allocation appeared first on The Merkle News.
]]>
Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations. Enter the BORG—Metalex and Lido Finance […]
]]>
The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.
]]>
Unsustainable financials and low fees generated by Lido on Solana were two of the main reasons for the sunsetting.
]]>