Introduction:

Lido is a liquid staking solution for ETH 2.0 backed by industry-leading staking providers. Lido lets users stake their ETH - without locking assets or maintaining infrastructure - whilst participating in on-chain activities, e.g. lending. Lido is the market leader for Ethereum liquid staking, representing over 80% of market share in that space, recent estimates show. The native token of Lido is LDO and can find extra info about that on Coinmarketcap

In this bounty the top 5 holder of LDO token has been identified and their behavior over time estimated.

The Methodology of this bounty is based on flipside_prod_db.ethereum.erc20_balances table by considering the contract_address = lower('0x5A98FcBEA516Cf06857215779Fd812CA3beF1B32') which remains for LDO token.

Its important that we should eliminate the addresses that belong to treasury or other Apps.

The method of eliminating these address is based on considering the Label of address null.

By the use of introduced methodology, the top 5 holder of LDO token are shown in this bar chart.

As shown, the first one holds 70 million token.

The balance of top LDO holders since start of 2022 is shown in this figure.

As shown, all the holders have consistent LDO balance and only the balance of 0xa2dfc431297aee387c05beef507e5335e684fbcd drops 4 million on May 12, 2022.

The transaction made by LDO holders are shown in this bar chart.

As shown in this chart,

• The user 0xa2dfc431297aee387c05beef507e5335e684fbcd has two transaction with LDO tokens and the first one belongs to sending LDO to Kucoin and the second one is Kadmil account.
• The user 0xad4f7415407b83a081a0bee22d05a8fdc18b42da sent LDO to an account that used this LDO for voting.