PANews reported on June 5 that according to Ember’s monitoring, an address redeemed 526,000 LPT from the LPT PoS staking contract in the past hour, worth about $4.81 million, and transferred it to Binance. The address purchased and staked at an average price of about $5.9 between February and April this year. The current LPT has risen by 55% in the past week. The operation may be to cash in the profits, and it is estimated that a profit of about $2.01 million has been realized.