Justin Sun recently unstaked 52,905 ETH (worth $209M) from Lido Finance and deposited 196,380 EIGEN (valued at $964K) to HTX. His address, 0x7a95f1554ea2e36ed297b70e70c8b45a33b53095, has been active in high-value transactions. Notably, on October 4, 2023, Sun unstaked 80,251 ETH ($131M) from Lido Finance, transferring the tokens to Binance within four days, just before a ~5% price drop by mid-October.
The ETH in question forms part of the 392,474 ETH Justin Sun allegedly acquired between February 8 and August 5, 2024, at an average price of $3,027 ($1.19B). From this investment, he currently holds an estimated profit of $349M (+29%) due to ETH's value appreciation.
Regarding EIGEN, since October 1, 2024, Sun has claimed and deposited 9.378M EIGEN ($37.3M) to HTX at an average price of $3.979. This recent activity raises speculation about whether he will liquidate more ETH in the near future.
