Ethereum Wallet Linked to Lido Founder Konstantin Lomashuk Sells 14,585 ETH for $42.71M (Lookonchain)
According to on-chain analytics firm Lookonchain, a wallet associated with Lido founder Konstantin Lomashuk executed a sizable ETH disposition in the last hour, unloading 14,585 ETH at a mean price of $2,928 per ETH. The deal translates to a gross value of approximately $42.71 million, signaling prominent activity in high-net-worth crypto addresses.
This off-chain move, captured by Lookonchain, provides a data point for market participants monitoring large ETH transfers and wallet rotation among DeFi leaders. While no motive is disclosed, the timing suggests routine liquidity management or portfolio rebalancing rather than an insider signal. Readers should watch for follow-on activity and related chain signals to gauge potential market impact on ETH pricing and risk sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investor Attention Builds Around Milk Mocha ($HUGS) Amid 1500x Potential and Top Crypto Gainers Buzz
Gauntlet CEO Tarun Chitra on why exchange ADL mechanisms need an update
Marshall Islands UBI sets new benchmark for digital public finance on Stellar
Meta’s AI glasses can now help you hear conversations better
