en
Back to the list

Justin Sun stakes over $150 million in Ethereum

source-logo  cryptobriefing.com 06 November 2025 03:50, UTC
image

Key Takeaways

  • Justin Sun staked $154.5 million worth of Ethereum on the Lido protocol.
  • Sun's Ethereum holdings now surpass his $TRX holdings according to blockchain analytics.

Tron founder Justin Sun withdrew around 45,000 Ethereum worth over $154 million from decentralized lending platform AAVE and deposited the tokens to Lido Staking on Wednesday, according to data tracked by blockchain analytics firm Arkham Intelligence.

The crypto entrepreneur has $534 million of Ethereum in his public wallets, exceeding his holdings of $TRX at $519 million.

app-logo

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
4.8 based on 40K reviews in the App Store and Google Play

The move represents one of the largest institutional staking deposits on the Ethereum network in recent months. Lido is a liquid staking protocol that allows users to stake Ethereum while maintaining liquidity through derivative tokens.

Earlier this year, Sun proposed a plan to manage the Ethereum Foundation and increase Ether’s price to $10,000 by halting $ETH sales and implementing other financial strategies.

$ETH was trading at around $3,400 at press time, up 3.5% in the last 24 hours, CoinGecko data shows. The second-largest crypto asset fell below $4,200 earlier this week amid a market-wide pullback that sent Bitcoin tumble under $100,000, its lowest level since June.

cryptobriefing.com