LDO tokens face heavy pressure today, with a 6.47% decline within 24 hours. Behind this are multiple factors resonating: the long-dormant whale wallet suddenly becoming active, selling a total of 6.2 million LDO to a major exchange, despite incurring losses. The market's fragile liquidity issue further amplifies selling pressure. On the technical side, things are even worse—price broke below the key support level of $0.7326, forming a clear downward breakout pattern. This series of events shattered bullish confidence, causing market sentiment to plunge to a low. When whales start to reduce their holdings, liquidity becomes critically tight, and technical defenses collapse, the space for a short-term rebound is severely limited. Subsequent focus should be on whether LDO can find new support at lower levels and whether whale selling will continue.