A wallet flagged as an APE insider has closed a 10.26 million LDO long position worth $4.58 million at entry, walking away with a $194,000 loss rather than a profit.
The trade is a reminder that on-chain visibility cuts both ways — insider-adjacent wallets are tracked closely, and this one's exit was spotted almost immediately. The loss also adds a data point to the broader LDO narrative: even well-capitalised participants with presumed information edges are finding the current market unforgiving.
Lookonchain