📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
As Bitcoin (BTC) gathers strength to hit a historic new high, some altcoin markets are quietly shifting. Recently, a noteworthy movement has caught the market's attention: the CEO of the renowned blockchain data analysis platform Nansen was found to have transferred $1.46 million worth of Lido (LDO) tokens to a trading platform.
This transfer involves 1 million LDO Tokens, marking the first large-scale transfer by this executive since receiving 5 million LDO from Lido as investment and consulting compensation in December 2020. It is worth noting that after this transfer, the CEO still holds a substantial amount of LDO Tokens.
This move has sparked various speculations among market participants. Some believe it may be a strategy for gradual profit-taking, while others think it might be related to the overall trend of the current cryptocurrency market. In any case, such actions by large holders often have a certain impact on the short-term price movements of the related tokens.
At the same time, the strong performance of Bitcoin stands in stark contrast to these subtle changes in the altcoin market. This phenomenon once again highlights the complexity and uncertainty of the cryptocurrency market, requiring investors to consider multiple factors when making decisions.
As the market continues to evolve, similar movements by large holders may occur more frequently. For ordinary investors, it is particularly important to closely follow market dynamics, analyze various information rationally, and maintain a cautious attitude.