[Lido Buyback Initiated: 4.82M LDO Transferred to Multi-Sig Wallet] Looks like Lido's buyback has officially started: I noticed early this morning that 4.82 million LDO ($1.81M) were withdrawn from Binance and transferred into the multi-sig wallet managed by the Lido Growth Committee (the wallet responsible for executing the buyback). When the buyback proposal was announced on March 27, LDO was at its lowest price: $0.27. Now, LDO has already risen 40% to $0.38. Three days ago, Lido approved the proposal to use up to 10,000 stETH to buy back LDO. Two days ago, the Lido Growth Committee announced the execution parameters for the first batch of 1,000 stETH buybacks. Early this morning, the multi-sig wallet managed by the Lido Growth Committee received 4.82 million LDO ($1.81M) from market maker Portofino. Address: https://intel.(arkm.com)/explorer/address/0x87D93d90亿2C672bf9c9642d853a8682546a50120亿5 ---------------------------------------------------- Bitget VIP: Lower fees, crazier perks! Instant access to U.S. stocks.