PANews reported on November 11 that according to Onchain Lens monitoring, digital asset investment company KR1 has transferred 3.4 million LDO (worth US$4.25 million) to a new address and transferred 400,000 LDO to Coinbase.

KR1 received 15 million LDO on December 17, 2020, which was worth $150,000 at the time. Currently, KR1 holds 8 million LDO, worth $10.02 million.