$4M LDO Withdrawal by FalconX Sparks Excitement! Is a Bull Run Coming?

• Lookonchain reported that FalconX once again withdrew 2.5 million LDO from Binance.
• Currently, FalconX has accumulated a total of 9.18 million LDO over the past nine days.
• The BBP indicator shows the LDO reversed and climbed away from the negative zone recently.

The market on-chain analytics platform Lookonchain has been closely observing FalconX’s trading activities over the past few days. Observing a new withdrawal activity, the market analytics platform reported that FalconX once again withdrew 2.5 million LDO, which is valued at approximately $4 million, from Binance. Currently, FalconX has accumulated a total of 9.18 million LDO, valued at approximately $14.7 million, over the past nine days.

FalconX withdrew 2.5M $LDO ($4M) from #Binance again in the past 6 hours.

And #FalconX has accumulated a total of 9.18M $LDO ($14.7M) from #Binance in the past 9 days.https://t.co/5W63UiOjtA pic.twitter.com/mtZRz7oPYo

— Lookonchain (@lookonchain) October 17, 2023

Even on Friday, FalconX had withdrawn 1.23 million LDO from Binance. At reported time, it seems the 1.23 million LDO was valued at approximately $1.86 million. This withdrawal activity may create an op…

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