Early Lido DAO Investors Sell Millions in LDO Tokens

Two early investors in Lido DAO (LDO) have sold a significant portion of their holdings within a short period, according to data from Spot on Chain. F2Pool co-founder Wang Chun sold 300,000 LDO tokens for approximately $518,000 around 10 hours ago, bringing his total sales to 5.8 million LDO tokens since early 2025. Wang Chun's average selling price was around $1.771, totaling approximately $10.27 million. He currently holds 2.2 million LDO tokens, valued at around $3.81 million.

Another investor, Wolfgang Albrecht, transferred 2.6 million LDO tokens to Binance around 16 hours ago. Albrecht received an allocation of 3.33 million LDO tokens two years ago and has since sold 3.28 million LDO tokens at an average price of around $1.895. Albrecht currently holds 50,000 LDO tokens.

The rapid sale of LDO tokens by these early investors has raised questions about their reasons for liquidating their positions. While Wang Chun's sales have been ongoing since early 2025, Albrecht's recent transfer to Binance suggests a more immediate decision to cash out. The average selling prices for both investors are relatively low compared to LDO's all-time high, indicating that they may have been early adopters who entered the market at lower prices.

The Lido DAO ecosystem has been growing steadily, with a total value locked (TVL) of over $10 billion. LDO, the governance token of Lido DAO, has seen significant price fluctuations since its launch. The recent sales by Wang Chun and Albrecht may be a sign of early investors taking profits or rebalancing their portfolios. However, it is essential to note that these sales do not necessarily reflect the overall sentiment of the Lido DAO community or the broader crypto market.