- LDO/USDT’s price action on the 4-hour Binance chart underlined a consolidation phase following previous volatility
- Spot inflow/outflow chart highlighted periods of significant buying and selling pressure
In February 2025, significant whale activity involving LDO, the native token of Lido DAO, drew the attention of crypto traders.
A wallet linked to Wolfgang Albrecht deposited 2.6 million LDO, valued at $4.5 million, into Coinbase. This movement, combined with past transactions, hinted at possible price shifts on the charts.
How major holders influence LDO’s price
Wolfgang Albrecht’s wallet – 0x41339d9825963515e5705df8d3b0ea98 – played a key role in LDO’s market dynamics. In 2023, he received 3.33 million $LDO, worth $8.21 million, from an LDO Vesting wallet.
He later sold 683,333 $LDO for $1.34 million USDC and 205.79 ETH, valued at $364,000. Before his most recent deposit, he held 50,000 $LDO, worth $86,600. The 2.6 million $LDO deposit may be a sign of profit-taking or repositioning, potentially putting downward pressure on LDO’s price.
Large holder movements often signal market shifts, and Albrecht’s actions could be a sign of changing whale sentiment too.
Key indicators and market sentiment
LDO/USDT’s price action on the 4-hour Binance chart projected a consolidation phase following previous bouts of volatility. In fact, the MACD indicator pointed to a flattening histogram, with the Signal line hovering near zero – A sign of weakening momentum.
Source: Coinglass
The Relative Strength Index (RSI) at 46.87 hinted at a neutral position, neither overbought nor oversold. This reading can be interpreted to mean potential indecision among traders.
Meanwhile, the Crypto Fear & Greed Index at 49 implied balanced sentiment, neither driven by extreme fear nor greed. Especially with price movements stabilizing and technical indicators signaling uncertainty.
User engagement trends
The number of active addresses with a balance has shown a steady uptrend too, climbing to 48,000 by 17 February 2025. Despite fluctuations in price, total addresses with a balance have continued to grow over time – A sign of sustained user participation and holding activity across the network.
Source: IntoTheBlock
At the time of writing, the 30-day average stood at 47.75k addresses, with a high of 48.02k and a low of 47.61k reflecting relative stability in active user engagement.
An analysis of netflows
LDO’s spot inflow/outflow chart highlighted periods of significant buying and selling pressure, with whale activity playing a crucial role in these fluctuations.
Source: CoinGlass
Large outflows could correlate with potential sell-offs or liquidity movements. The chart also underlined spikes in inflows, often followed by price reactions, which could be linked to whale-driven market actions. The sustained bouts of negative netflows in December and January hinted at continuous selling pressure, which may have contributed to price declines or volatility.
However, sporadic green spikes also alluded to phases of accumulation, possibly reflecting strategic repositioning by large investors.
Volatility Analysis of LDO
Finally, the volatility of LDO has remained elevated, with fluctuations closely tracking price movements over time. On 17 February, volatility stood at 122.06% – A sign of persistent market uncertainty.
Source: IntoTheBlock
The 30-day high hit 148.68% on 04 February, while the 30-day low dipped to 117.09% on 20 February, indicating a downward trend in volatility.
Historically, spikes in volatility have preceded significant price movements, often downtrends. However, the recent stabilization could be a sign of a potential consolidation phase. Traders should monitor volatility contractions as they may signal upcoming price stability or an imminent breakout.
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