Rune Christensen Sells Remaining Lido Finance Tokens

According to PANews, Rune Christensen, the founder of Sky (formerly MakerDAO), is in the process of selling the last portion of his 25 million $LDO tokens, which he acquired as an initial DAO member of Lido Finance. On December 17, 2020, Rune obtained these tokens when the price was $1.75 each. Since 2022, he has gradually sold most of his $LDO holdings at an average price of $1.94 per token. In a recent transaction, Rune sold 400,000 $LDO tokens at $1.02 each, receiving $407,300 in $USDC. He currently holds 647,000 $LDO tokens, valued at approximately $664,000.