Paradigm Capital resumed depositing LDO to Coinbase Prime

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Nov 12, 2024

SOC Team

Paradigm Capital resumed depositing LDO to Coinbase Prime

Outflow

Related addresses

Paradigm Capital 0x566 (likely)

Total tokens transferred

13.489M

LDO

Related transactions

Paradigm Capital 0x566 (likely)

Coinbase Prime deposit

Nov 11, 21:17

Paradigm Capital 0x566 (likely)

Coinbase Prime deposit

Nov 12, 02:06

Paradigm Capital just further deposited 13.489M LDO ($17.46M) to Coinbase Prime in the last 5 hours:

transaction 1: 0x115f83b79a3b42ee44be565d280a3e0055b769a3601276b19571d6067624d0b1
transaction 2: 0x87fa189fd7d58866d3b2ade42b2edd7f35124d849098b3d1b58fa70e3428f556
address: 0x56664544f49bb5e69e12fa29b91142fa3ba15aee
This address belongs to the entity Paradigm Capital

Notably, Paradigm:

Paradigm used 15,120 ETH ($53.25M) to buy 70M LDO at $0.76 on May 5, 2021.
Paradigm has been depositing LDO to Coinbase Prime daily for the past 6 days, totaling 50M LDO ($65.13M) at an average price of $1.303.

Currently, Paradigm still holds 20M LDO ($25.6M) and has an estimated total profit of $37.5M (+70.4%).

Fig 1. Paradigm Capital has been depositing LDO to Coinbase Prime almost daily for the past 6 days.

#paradigm capital

#deposit

#lido

#ldo

#coinbase prime

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Paradigm Capital resumed depositing LDO to Coinbase Prime

Last synced: Nov 12, 02:10

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