Ethereum

Several whales have been accumulating a large amount of the decentralized stablecoin project LUSD’s protocol token, $LQTY, from Coinbase over the past six months. It appears they started buying consistently from May, right after Liquity released its V2 whitepaper. Essentially, they are betting on the market impact following the launch of V2 this year.

0x1DEE26b12ae68A937ad9E225ae908A4f8ecdefDB
0xf948F4e0Dc4d35A78770bB127b56c9CA902395dE
0xb5449B86B5C364AaAE5A9B221573D7957Aa44c4B
0xFdc2b11da4DA52C3Df7425779212967EdCFac1Ed
...

Several whales have been accumulating a large amount of the decentralized stablecoin project LUSD’s protocol token, $LQTY, from Coinbase over the past six months. It appears they started buying consistently from May, right after Liquity released its V2 whitepaper. Essentially, they are betting on the market impact following the launch of V2 this year.

0x1DEE26b12ae68A937ad9E225ae908A4f8ecdefDB
0xf948F4e0Dc4d35A78770bB127b56c9CA902395dE
0xb5449B86B5C364AaAE5A9B221573D7957Aa44c4B
0xFdc2b11da4DA52C3Df7425779212967EdCFac1Ed
...
https://docs.google.com/spreadsheets/d/1hVHCQDRtLYPEY9OxFAwpyCbjcA_j2uRhDy6R1AyALWc/edit?gid=0#gid=0

Interesting to see the strategic accumulation of $LQTY tokens by these whale addresses. It suggests confidence in Liquity's V2 whitepaper and upcoming developments. This kind of activity can often indicate positive market sentiment and potential growth. Exciting times ahead for Liquity!