Blockchain Capital Sells 1.53 Million LDOs and 65,000 RPLs for $2.23 Million in Profits

Blockchain Capital sold most of its LSD coins this morning and made $2.23 million in gains, according to analysis by on-chain analyst Remnant.

According to the analysis, Blockchain bought 1,535,919 LDOs from Jan 27-Feb 22 at an average buy price of $1.67; sold 1,535,919 LDOs into 1,871 ETH ($3.57M) 4 hours ago at an average sell price of $2.33; Blockchain's LDO investment yielded $1.01M Blockchain bought 120,775 RPLs on 8/10/21 and 4/15/22 via Uniswap at an average bid price of $34.4; sold 65,352 RPLs 4 hours earlier for 1,522 ETH ($2.9M) at an average sale price of $44.5, giving Blockchain a $1.22M gain on its RPL investment. The Blockchain's RPL investment yielded $1.22 million.