Sun Yuchen redeems 5,000 ETH from Lido, bringing the total redeemed to 10,000 ETH since August 26.

Chainthink

Release Time: 2026/09/08 01:39:21

ETH

$2,480.38-0.57%

Summary

Sun Yuchen redeemed 5,000 ETH from Lido on September 8, bringing the total withdrawals since August 26 to 10,000 ETH. Previously, he deposited ETH worth $12.3 million into Poloniex at $2,481 per ETH. He still holds 238,000 stETH on-chain, valued at $59.4 million. The ETH price remains a key focus for traders. Current ETH analysis indicates ongoing volatility amid significant on-chain movements.

ChainThink reports that on September 8, according to monitoring by @ai_9684xtpa, Sun Zhuochen has again unstaked 5,000 ETH, bringing the total amount of ETH redeemed from Lido since August 26 to 10,000 ETH.

After the last redemption, Sun Zhenyu deposited 12.3 million USD worth of ETH into Poloniex in two transactions at a price of $2,481.

It currently holds 238,000 stETH on-chain, valued at $594 million, making it the second-largest on-chain holding.

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