Dragonfly Capital Transfers 3.6 Million LDOs Worth $10.44 Million

03/02/2023 13:34 • Digital Disruptors • 84 views

On March 2, according to the data disclosed by the chain analyst Lookonchain, Dragonfly Capital has transferred 3.6 million LDOs to Coin An, with a value of about $10.44 million. Up to now, three addresses of Dragonfly Capital have a total of 21.65 million LDOs, with a value of about $63 million. The purchase costs of related addresses are $0.75, $2.43 and $1.52, respectively. If they are sold at the current price, they will gain greater profits.

Data: Dragonfly Capital transferred 3.6 million LDOs to Coin An

Analysis based on this information:

The recent disclosure by Lookonchain shows that Dragonfly Capital has transferred 3.6 million LDOs, worth about $10.44 million, to Coin An on March 2. This transfer reflects Dragonfly Capital’s confidence in Coin An and its potential for growth, which has prompted the investment firm to make a significant investment in the platform.

Furthermore, the data also revealed that Dragonfly Capital owns three addresses that have a total of 21.65 million LDOs, valued at approximately $63 million. These addresses were acquired at different purchase costs, namely $0.75, $2.43, and $1.52. These figures suggest that the investment firm is strategically accumulating LDOs at a low price, maximizing their potential profits if they choose to sell.

This move highlights the importance of LDOs in the current crypto market, with many investors looking to buy and hold the asset until it reaches peak value. Dragonfly Capital may be banking on the potential growth of LDOs in the future, with the anticipation of its price skyrocketing in value.

Overall, Dragonfly Capital’s transfer of 3.6 million LDOs to Coin An and their significant holdings of LDOs show their strong commitment to LDOs as a long-term investment strategy. The potential payoff is high, and it’s worth the risk considering the reputation of Dragonfly Capital in the investment world.

The title of this message is reflective of the content, highlighting Dragonfly’s capital transfer of LDOs. The keywords in the message are ‘Dragonfly Capital, LDOs and profits. The transfer of $10.44 million worth of LDOs to Coin An indicates Dragonfly Capital’s interest in the platform, and owning 21.65 million LDOs, acquired at different purchase costs, presents a potential opportunity for them to maximize profits if they choose to sell.

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Dragonfly Capital Transfers 3.6 Million LDOs Worth $10.44 Million

Data: Dragonfly Capital transferred 3.6 million LDOs to Coin An

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