An "APE insider" has returned to the market to open a 5x long position in LDO.

CoinFeed reported on May 11 that, according to Lookonchain, the wallet that previously profited $2.27 million through APE arbitrage in a single day has struck again, opening a 5x leveraged long position on a contract, holding approximately 8.69 million LDO tokens, with a notional position of approximately $3.72 million. On-chain data also shows that this address previously established a long position of 10.26 million LDO tokens (approximately $4.58 million), ultimately closing the position at a loss of approximately $194,000.