Justin Sun withdrew 52,905 ETH from Lido an hour ago
According to Spot On Chain monitoring, Justin Sun withdrew 52,905 ETH from Lido an hour ago, worth approximately $209 million. This is part of the net asset of 392,474 ETH he purchased through three wallets for about $3,027 million ($1.19 billion) between February and August. The total profit is currently estimated at $349 million (+29%). On October 4th, 2023, he unpledged 80,251 ETH (worth $131 million at the time) from Lido and sent it to Binance within the next four days. Subsequently, the price fell by about 5% in mid-October.
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