Data: Sigil Fund Transferred 1.47 Million LDOs to CoinSec 20 Minutes Ago, Sells for a Loss of $1.44 Million

According to Aftermath Monitor, investment firm Sigil Fund transferred 1.47 million LDOs to CoinSafe 20 minutes ago and sold them for a loss of $1.44 million.

Sigil Fund bought these LDOs for $2.04 between April-November 2023 through on-chain purchases + Coinsafe withdrawals, and is now transferring them to exchanges for $1.06, which is expected to result in a loss of $1.44M (-48%).