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LDO buyback initiated: 4.82 million tokens were reclaimed, this is not a transfer, but an "active chip contraction" early in the morning, an on-chain operation with significant signaling: after 4.82 million LDO tokens (about $1.81 million) were withdrawn from the exchange, they were transferred to the Lido Growth Committee multi-signature wallet. The core function of this wallet is only one: executing the buyback.
but today even Ordi, sats, and rats are all pumping.
So it can also be seen as the start of sector rotation.
First big-cap coins, BSC-related projects, BTC-related ones, and then each sector follows?
I guess many new users still in the market don’t even know what Ordi is...