According to Spot On Chain monitoring, LBR prices have fallen by 44% in the past seven days. A large portion of the LBR project’s TVL is contributed by a group of KOLs and anonymous addresses, and these staunch supporters appear to have dumped all of their LBR tokens recently.
-LBR’s largest staker, blurr.eth (which had staked more than 34,000 ETH, approximately $70 million), has sold off all tokens, with the last action being on January 15, 2024.
- Top 5 staker sifuvision.eth (who had staked over 6,000 ETH, approximately $13 million) has dumped all of their tokens, with the last action being just a few hours ago.
-czsamsunsb.eth (which had 4,000 ETH staked, approximately $8 million) has sold off all of its tokens, with the last action being a few hours ago.