ChainCatcher latest news, blockchain data monitoring platform Spot On Chain found that Sun Yuchen withdrew 52,905 ETH from Lido in just 1 hour, worth about 209 million US dollars. This action has attracted widespread attention in the market.

Looking back at historical data, from February to August this year, Sun Yuchen purchased 392,474 ETH at an average price of about 3,027 US dollars through three wallets, with a total investment of about 1.19 billion US dollars. As of now, the total profit of these ETH is estimated to be 349 million US dollars, an increase of 29%.

It is worth noting that on October 4, 2023, Sun Yuchen unpledged 80,251 ETH and transferred it to Binance in a short period of time, and then the price of ETH fell by about 5% in mid-October. This series of operations shows the importance of on-chain data analysis in market dynamics.