Sun Yuchen has once again unpledged 5,000 ETH, still holding 238,000 stETH on-chain

According to on-chain analyst Ai Yi (@ai_9684xtpa), Sun Yuchen has once again unstaked 5,000 ETH, having redeemed a total of 10,000 ETH from Lido since August 26.

After the last redemption, Sun Yuchen deposited $12.3 million worth of ETH into Poloniex in two transactions (deposit price approximately $2,481); of the 5,000 ETH redeemed this time, 3,500 ETH flowed into Poloniex's hot wallet (purpose unknown), while another 1,500 ETH was deposited into Morpho. Currently, Sun Yuchen still holds 238,000 stETH on-chain, valued at approximately $594 million.