According to @EmberCN, over the past three days, two addresses—including one potentially linked to the Lido Finance team—have transferred 11.11 million LDO tokens (worth $11.53 million) to centralized exchanges such as Binance, OKX, Bybit, and Gate. Additionally, just five hours ago, these addresses moved another 19.41 million LDO ($19.25 million), which is expected to be deposited soon on major CEXs. This significant on-chain activity suggests a potential increase in LDO supply on exchanges, which may add short-term selling pressure and increase market volatility for LDO traders. Traders should closely monitor exchange inflows for LDO, as such large movements could impact liquidity and short-term price action, especially in the context of current crypto market trends. (Source: @EmberCN, Twitter, May 16, 2025)