June 22 (Cointime) - Justin Sun, the founder of Tron network and a crypto billionaire, withdrew $29.7 million worth of ether (ETH) from Lido Finance's liquid staking platform and transferred the tokens to Huobi exchange, according to blockchain data. Sun's wallet received 15,805 ETH from Lido's withdrawal address and deposited 15,815 ETH to Huobi through an intermediary address, indicating a possible intention to sell. Despite the transaction, Sun's wallets still held 287,855 of Lido's staked ether (stETH) tokens, valued at around $543 million.
All Comments