Tron kurucusu Justin Sun has staked millions in Ethereum (ETH) on Ethereum liquid Staking platform Lido Finance ahead of the most-awaited Ethereum Shanghai upgrade in March.
On-chain data platform Lookonchain on February 25 ortaya bu bir address marked as Justin güneş 150,100 yatırıldı ETH worth over $240 million on Lido. The DeBand wallet details show 3 transactions with 50,000 ETH transferred to Lido and 100 ETH moved to Lido at around 07:20 AM UTC today.
Whale Alert platform also rapor three transactions with 50,000 ETH worth 80,077,036 each transferred from Justin Sun to an unknown wallet.
Large amounts of ETH staked to liquid staking pool Lido by Justin Sun is a no-brainer. It clearly indicates that Justin Sun is bullish on the Ethereum Şanghay yükseltmesi and wants to utilize the opportunity. In fact, Ethereum staking continues to rise as the Shanghai upgrade comes near.
Notably, Justin Sun also received an equal amount of stETH that can be traded, exchanged, borrowed against, or used for any other liquidity purposes.
As per the current on-chain data, over 17.02 million ETH worth $27.27 billion have been deposited into the Beacon Chain. While increasing ETH staking on the Beacon Chain indicates signs of Ethereum security and adoption, Ethereum core developers need to enable withdrawals to maintain a balance on the network.
Nansen'den veriler indicates the number of unique staking depositors stands at roughly 96.9K. Veriler BeaconScan'den alınmıştır shows that the number of active validators is about 525,923
Meanwhile, Ethereum Foundation earlier announced that the Shapella (Shanghai/Capella) network upgrade will be activated on the Sepolia testnet at block height 56832, which is expected at 04:04:48 UTC on February 28. It will enable validators to withdraw their Ethereum staked on the Beacon Chain to the execution layer.
Ethereum Price Fell After Red Hot Inflation Data
Ethereum fiyatı son 3 saatte %24'nin üzerinde düştü. ETH fiyatı currently trading below the $1,600 level. The 24-hour low and high are $1,583 and $1,652, respectively. The crypto market witnessed a freefall after the U.S. PCE inflation data came in red hot on Friday.
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Source: https://coingape.com/ethereum-shanghai-upgrade-tron-founder-justin-sun-stakes-millions-in-eth-on-lido/