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Justin Sun Staking 45,000 ETH Signals Confidence in Ethereum
Justin Sun, known for creating TRON (TRX), has made headlines again. As reported by Coin Bureau using data from Arkham Intelligence, Sun recently withdrew 45,000 ETH. That is worth about $154.5 million from AAVE and moved it to Lido, a popular Ethereum staking platform.
With this move, Sun now holds around $534 million in Ethereum, overtaking his $519 million in TRX holdings. The decision shows his growing confidence in Ethereum’s staking model and its long-term stability.
A Shift From Lending to Staking
Sun’s switch from AAVE to Lido shows a clear change in strategy. AAVE lets users lend crypto and earn interest. While Lido allows them to stake Ethereum and earn rewards for helping secure the network.
By choosing Lido, Sun can now earn steady staking rewards, which usually range from 3% to 5% a year. It’s a simple but smart way to generate passive income while supporting Ethereum’s proof-of-stake system.
Ethereum Now Tops His TRX Holdings
For years, Justin Sun has been closely linked to TRON, the blockchain he founded in 2017. TRON remains one of the top networks for decentralized apps and stablecoin transactions. But now, Sun’s Ethereum holdings have become more valuable than his TRX for the first time.
This doesn’t mean he’s turning his back on TRON. Instead, it suggests he’s balancing his portfolio and taking advantage of opportunities outside his own project. Ethereum’s huge ecosystem and consistent staking returns make it a strong choice for investors like Sun.
Community Reaction and Industry Impact
The crypto community has been quick to notice Justin Sun’s staking. Many see it as a sign of growing faith in Ethereum, especially as more institutions explore ETH staking. Others think it’s simply a smart diversification move by one of crypto’s biggest whales.
At the same time, Sun’s big deposit into Lido adds to ongoing discussions about staking centralization. Lido already controls a big share of staked ETH, and huge deposits like this one can make the network appear less decentralized.
A Long-Term Bet on Ethereum
Justin Sun’s staking of $150 million Ethereum shows how major crypto players are preparing for the next phase of the market. By shifting toward staking, Sun is betting on the steady growth of Ethereum’s ecosystem and its central role in decentralized finance.
Whether this is a short-term yield play or a long-term investment, one thing is clear. That Justin Sun continues to shape conversations in crypto, one massive transaction at a time.