Lido DAO (LDO) jumps 8.85% as whale opens $3.72M long, signaling strong bullish momentum.

Lido DAO (LDO) surged 8.85% in 24 hours, outperforming major cryptocurrencies like Bitcoin and Ethereum. A crypto whale opened a $3.72 million leveraged long position on LDO, showing increased confidence in the asset. Top holders continue accumulating while exchange reserves decline, suggesting strong demand. However, LDO faces resistance near $0.45, and a daily close above $0.4550 is needed to confirm further gains.