Selling the rumor? Biggest Ethereum Merge staker Lido DAO loses 40% in 30 days
Cointelegraph
Published Sep 14, 2022 05:10AM ET
Updated Sep 14, 2022 06:41AM ET
Lido DAO (LDO) has declined by more than 40% in the last 30 days with more room to fall in the coming days amid a potential sell-the-news event, i.e. the Merge.
Lido DAO is Ethereum's biggest staking service, having deposited over 4.14 million of the blockchain's native asset, Ether (ETH), into the Ethereum 2.0 smart contract on behalf of its users, according to the latest data.
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Written By: Cointelegraph
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