Data: Sun Yuchen withdrew 52,905 ETH from Lido 1 hour ago, worth approximately 209 million USD

ChainCatcher news, according to Spot On Chain monitoring, Sun Yuchen withdrew 52,905 ETH from Lido 1 hour ago, worth approximately $209 million.

This is part of the 392,474 ETH he purchased from February to August through 3 wallets at an average price of about $3,027 (totaling $1.19 billion), with an estimated total profit of $349 million (+29%).

On October 4, 2023, he unstaked 80,251 ETH (worth $131 million at the time) from Lido and sent it to Binance over the next 4 days, after which the price dropped by about 5% in mid-October.