A certain whale redeemed 526000 LPTs in the past hour, with an expected profit of approximately 2.01 million US dollars

According to Foresight News, a certain whale/institution redeemed 526000 LPTs (approximately $4.81 million) from LPT's PoS staking contract within the past hour, and then transferred them to Binance. These LPTs were withdrawn from Binance and deposited as collateral at an average price of $5.9 between February and April. LPT has risen by 55% in the past week, which may be the reason why he chose to redeem and transfer to a centralized exchange for profit, with an expected profit of approximately $2.01 million.