Since August this year, Lido Ether Pledge has had 12 consecutive days of net outflows
According to chain analyst @ai_9684xtpa's monitoring, since August this year, Lido ethereum pledges have had 12 consecutive days of net outflows, and he found that every consecutive net outflow of Lido after BTC ATH corresponded to a major market decline.
Between 08.01 and 08.12, the net outflow was 74,304 ETH (worth $194 million), of which 31,104 ETH were netted out on 08.12, accounting for 42% of the total outflow in the 12-day period; the figures for 08.13 and 08.14 have slightly recovered.
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.
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