PANews reported on December 16 that Spot On Chain monitoring showed that Justin Sun applied to withdraw 52,905 ETH (currently worth $209 million) from Lido Finance an hour ago. This part of ETH is part of the 392,474 ETH he purchased through three wallets at an average price of about $3,027 between February and August this year, with a total investment of about $1.19 billion, and an estimated floating profit of $349 million (+29%).
It is worth noting that on October 4, 2023, Justin Sun withdrew 80,251 ETH (worth US$131 million) from Lido and transferred it to Binance within the next 4 days. After that, the price of ETH fell by about 5% in mid-October.
