A certain address transferred 3.76 million LDOs that were established a year ago to Coinbase

Ai_9684xtpa monitoring shows that nine hours ago, address 0x0ff...07A85 recharged all 3.76 million LDO coins that were bought a year ago into Coinbase, worth $6.89 million. The whale bought 6.94 million LDO coins at an average price of $2.32 on April 12, 2023 (current price is $1.84), and allegedly sold 3.17 million coins four days ago. If all coins are sold this time, the cumulative loss will be $3.05 million.