Potential Sun Yuchen Address Deposits Approximately 94,500 stETH into EigenLayer Protocol, with a Total Value of Approximately 250 Million GBP

Potential Sun Yuchen Address Deposits Approximately 94,500 stETH into EigenLayer Protocol, with a Total Value of Approximately 250 Million GBP

Potential Sun Yuchen Address Deposits Approximately 94,500 stETH into EigenLayer Protocol, with a Total Value of Approximately 250 Million GBP

According to the data from Arkham, the on-chain addresses suspected to belong to Justin Sun unlocked a total of 94,500 WSTETH into 109,327 stETH 10 hours ago.

Subsequently, the total value of approximately 258 million US dollars worth of stETH was deposited into EigenLayer through the addresses 0x79a and 0xdC3.
Re-staking has evidently become the beta of the current market, with many projects and investors focusing on the applications related to EigenLayer. Since the re-opening of LST staking on February 6th, the amount of ETH locked in EigenLayer has surpassed 1.8 million, doubling from around 950,000.