The post Rune Christensen Nears Final $LDO Sale After Selling 400k Tokens for $407k appeared first on Coinpedia Fintech News
Rune Christensen, founder of Sky (formerly MakerDAO), is close to selling the last of the 25 million $LDO tokens. Rune had received the massive sum as an initial member of Lido Finance. On December 17, 2020, Christensen received 25M $LDO at an average of $1.75. Since 2022, the MakerDAO founder has been on a selling spree, averaging $1.94 per sale. In his recent off-loading move, Christensen sold 400k $LDO for 407.3k $USDC at $1.02 per token, leaving him with 647k $LDO, currently valued at nearly $664k.