Lido DAO’s LDO price spikes as Arthur Hayes acquires 1.85M tokens
The post Lido DAO’s LDO price spikes as Arthur Hayes acquires 1.85M tokens appeared on BitcoinEthereumNews.com.
Arthur Hayes buys 1.85M LDO tokens, sparking a short-term price surge. Lido market data shows 690% YoY dev growth and strong weekly revenue of $14.3M. Lido DAO (LDO) key support lies at $0.5546, with the immediate resistance level at $0.7126. Lido DAO’s governance token, LDO, has seen a notable uptick in price following a high-profile purchase by cryptocurrency veteran Arthur Hayes. The former BitMEX co-founder acquired 1.85 million LDO tokens in a transaction valued at roughly $1.03 million. This strategic investment has drawn the attention of market analysts and investors, sparking renewed interest in Lido’s liquid staking ecosystem. Hayes’ purchase signals confidence in Lido DAO Blockchain analytics firm Onchain Lens reported that the LDO tokens were transferred from a Binance hot wallet to one associated with Hayes. Just In: Arthur Hayes (@CryptoHayes) bought 1.85M $LDO worth $1.03M from #Binance. Address: 0x6cd66dbdfe289ab83d7311b668ada83a12447e21 pic.twitter.com/nYsyIMv0tN — Onchain Lens (@OnchainLens) December 26, 2025 Executed during standard trading hours on the Ethereum mainnet, the acquisition represents one of the largest publicly known token purchases by Hayes since stepping down from BitMEX in 2021. Historically, his investment decisions are closely watched, often influencing sentiment across cryptocurrency markets. Notably, the LDO tokens purchase coincides with LDO consolidating in a defined trading range following a broader market correction in early 2025. At the time of the transaction, LDO was priced around $0.556 per token, making the total investment approximately $1,028,600. Following the news, LDO experienced a short-term gain of about 6%, and trading volume surged by over 200% compared to its weekly average, illustrating the immediate market impact of high-profile investors. Development and revenue drive optimism Beyond Hayes’ involvement, Lido has demonstrated strong fundamental performance. Lido’s development activity has surged by 690% year-over-year, highlighting the protocol’s robust engineering efforts and long-term viability. Recent upgrades, such as triggerable withdrawals…
Filed under: News - @ December 26, 2025 2:25 pm