Wal throws inj worth $ 3 million and buys LDO

• The Wal sold over 150,000 injective (inj) token worth over $ 3.29 million.
• According to the Lookonchain, the WAL has acquired 2.44 million Lido Dao (LDO) worth over 3.05 million dollars.
• Inj price was easy, while LDO rose

A whale has sold a considerable amount of injective (inj) and bought more Lido dao (LDO) token.

On Wednesday, September 25th, Lookonchain divided on -chain-details that showed that the wal has unloaded worth $ 3.29 million. The whale exchanged the inj for 2.44 million LDO worth more than $ 3.05 million.

According to the lookonchain, the Wal sold its inj for LDO via the crypto liquidity provider Cumberland.

a whale sold 150.428 (3,29 million. USD) and bought 2.44 million $ ldo ($ 3,05 million) Rel = "Nofollow Noopener" Target = "_ Blank" href = "https://twitter.com/hashtag/cumberland?src=hash&ref_src=twsrc%5etfw"> #cumberland in the last 30 hours. href = "https://t.co/4l8vfwcing"> https://t.co/4l8vfwcing pic.twitter.com/a>

- Lookonchain (@lookonchain) 25. September 2024

injection price

injective (inJ) is a decentralized financial application of the Layer 1-blockchain. The Interoperable L1 Blockchain, supported by Binance and Mark Cuban, is currently the 49th largest cryptocurrency with a market value of $ 2.1 billion.

The price of the native tokens of injective fell 3 % and was around $ 21.24. The lower inj trade also led to the weekly profits shrank to around 14 %, while injective has now fallen by 1.4 % last month. In particular, Inj reached $ 22.70 on Tuesday and thus met the resistance level of August 24th.

The Inj Prize, however, reached $ 52.62 on March 14, 2024 and is currently almost 59 % below this level.

lido dao price

With the LDO purchase, the whale shows its optimistic forecast for Lido. The growth of the decentralized financial platform-a market leader in Ethereum-Staking-could be one of the catalysts.

The Lido DAO price rose by 2.6 % in the last 24 hours and used to change the owner with maximum values of $ 1.29. LDO is one of the tokens with the highest weights last week at +29.7 % last week.

The LDO price was $ 1.26 at the time of writing