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Sun Yuchen's large inflow into Lido staking has caused the Ethereum asset size to surpass the TRX holdings
On-chain data shows that Sun Yuchen has recently made significant adjustments to his asset allocation. According to Arkham monitoring, the founder of TRON transferred 45,000 ETH (worth approximately $154.5 million at the time) from the AAVE protocol, then re-deposited these assets into the Lido protocol for staking. This series of actions reflects the continued interest of large investors in the liquid staking sector.
Ethereum Holding Value Reverses, Surpasses TRX to Become the Largest Asset
The asset structure in Sun Yuchen’s public wallet has changed noticeably. Before this ETH deposit, his total Ethereum holdings reached $534 million, surpassing the value of his TRX tokens ($519 million). This indicates that, although he is a core figure in the TRON ecosystem, his personal asset allocation is shifting towards the Ethereum ecosystem.
Lido Becomes the First Choice for Large Investors, Staking Demand Continues to Grow
Depositing large amounts of ETH into Lido for staking reflects strong demand from institutions and major investors for liquid staking. As the largest staking protocol in the Ethereum ecosystem, Lido’s security and stable returns have gained market recognition. Sun Yuchen’s move further confirms the DeFi ecosystem’s ongoing ability to attract professional investors.