Lido Finance [LDO] ескалира за 160%: Колку помогнаа големите инвеститори?

• Lido Finance (LDO) has increased by over 150% since its rally started.
• Lido has also witnessed a growth in its Total Value Locked (TVL).

Од почетокот на 2023 г. Lido Finance [LDO] has seen a value growth of over 150%. Additionally, the protocol’s Total Value Locked (TVL) increased when the TVL for competing DeFi protocols stagnated. What might be the cause of this remarkable increase?

Прочитај Предвидување на цената на Лидо [LDO] 2023-24

How high has LDO gone?

A daily timeframe analysis of Lido Finance (LDO) revealed that the asset increased by 160%. The chart also made it evident that the surge began on 1 January. LDO was down over 4% in value during this writing period and was trading at roughly $2.2. 

Извор: Преглед на тргување

Despite the value decline and flat price movement, it was still trading above the long and short Moving Averages (blue and yellow lines). The Relative Strength Index line was at 60, indicating that it was still in a bull trend. An approaching golden cross that could further ignite an upswing was also apparent.

Whales and sharks circling

Неодамнешното зголемување на цената во Лидо финансии has been nothing short of spectacular. However, the spectacular maneuver might have been influenced by the behavior of the whales and sharks.

According to Santiment, sharks have been very active in their accumulation of LDO. Over the past month, LDO addresses with between 100 – one million LDO tokens have accumulated actively. 

Извор: Сантимент

The whales, or owners of one – 100 million LDO, have also been accumulating, but compared to the sharks, considerably more slowly. Although whales have been less eager to accumulate, their combined activities with those of the shark have significantly boosted the price rally.

Some reasons for LDO’s uptrend

The broad price surge in the market may be one factor driving the increased whale and shark activity. According to data from Капа на парички, the total market capitalization of cryptocurrencies has recently surpassed $1 trillion. A potentially stronger bull trend is anticipated, which is why the current positive general market attitude and trend could motivate accumulation.

Дали вашето портфолио е зелено? Проверете го Калкулатор за профит Lido

Meanwhile, the value of Lido’s token has been on the rise. As of this writing, Лидо has a TVL of $8.15 billion, according to data from Дефилама. At the same time, a closer examination of the chart revealed hinted that the TVL might not be finished climbing.

There has been a spike in the number of staked deposits on Лидо финансии. The spike is in anticipation of the Shanghai upgrade, which is expected to occur before the end of Q1 2023.

Извор: DefiLlama