Data: Holding over 243,000 ETH, Justin Sun redeemed 5,000 ETH, surpassing the Ethereum Foundation in holdings ranking

According to on-chain analyst Ai Yi's monitoring, Justin Sun redeemed 5,000 ETH from Lido, of which 3,500 flowed to Poloniex and subsequently entered a hot wallet address, with the specific use unknown; another 1,500 were deposited into Morpho.

Justin Sun still holds over 243,000 ETH on-chain, worth over 600 million dollars, ranking 4th among ETH holding entities, with a holding amount exceeding that of the Ethereum Foundation.