According to Spot On Chain monitoring, early investors in Lido have experienced large-scale share reductions. Data shows that investor Chun Wang has sold 300,000 LDOs in the past 10 hours, with a transaction amount of approximately USDT. Since the beginning of 2025, Chun Wang has sold a total of 5.8 million LDOs, cashing out about USD10.27 million, with an average selling price of US$1.771, and is still holding 2.2 million LDOs. Another investor, Wolfgang Albrecht, transferred 2.6 million LDOs (about $4.51 million) to the Binance Exchange 16 hours ago. The investor received a unlocking quota of 3.33 million LDOs two years ago and has sold 3.28 million LDOs, with an average selling price of about US$1.895, and the remaining holdings are 50,000 LDOs.