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The decentralized finance (DeFi) token Lido DAO ($LDThe 2024 Guide to the Top 4 Smart Crypto Wallets: Reviewing Plus Wallet, Safe Wallet, Coinbase, and Argent!O) experienced a significant downturn, dropping over 10% within 24 hours. This drop comes in the wake of three major initial Lido DAO members—Paradigm, Delphi Digital, and KR1 plc—offloading a collective $49.6 million worth of $LDO tokens to centralized exchanges (CEXs).
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