Alex Svanevik (Nansen CEO) just deposited the remaining 3M LDO ($2.93M) to Coinbase at $0.978:

• transaction: 0x586eae58279f6a75295cb8dd2fa172d49659c9ac7c4e50e2f6cf808499fd96a2
• address: 0xc006544b93e86e8999623c1d12d2e352c61c8123
• This address belongs to the entity Alex Svanevik (Nansen CEO)

Notably:

• Alex Svanevik was an initial DAO member of Lido Finance and received 5M LDO (then $8.75M) on December 18, 2020, when the price was $1.751.
• Before the above deposit, he had conducted several other purchases and sales of LDO in smaller sizes and sent 1M LDO (then $1.76M) to P2P.org, a non-custodial staking service provider for professional investors, in 2022. It is unclear whether Alex Svanevik still controls these tokens.

Fig 1. Alex Svanevik (Nansen CEO) deposited the last 3M LDO ($2.92M) to Coinbase just now.

Fig 2. The LDO token flow of Alex Svanevik (Nansen CEO).