Justin Sun has staked 45,000 ETH, valued at $154.5 million, through Lido, increasing his total Ethereum holdings to $534 million. This surpasses his TRX holdings, which stand at $519 million. The staking move comes as Ethereum's price dropped 12% to $3,166, with daily staking activity hitting a multi-month low of 9,000 ETH, according to Glassnode. Sun withdrew the ETH from Aave to stake it for liquid rewards, indicating his confidence in Ethereum's long-term potential.
Justin Sun Stakes $154.5M in Ethereum, Exceeds TRX Holdings
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