DeFiance Capital-linked wallet deposits $10.1M in LDO across major exchanges

A wallet likely connected to crypto investment firm DeFiance Capital deposited 9.3 million LDO ($10.1 million) into crypto exchanges Binance, OKX, Bybit and Gate.io over the past two days, according to Lookonchain on X. Such exchange deposits often signal potential selling activity, though they do not always result in immediate token sales.