TechFlow News, December 16 — According to monitoring by Spot On Chain, one hour ago, an address linked to Justin Sun initiated a withdrawal request for 52,905 ETH (approximately $209 million) from Lido Finance. This batch of ETH is part of the 392,474 ETH (around $1.19 billion) he purchased between February and August this year via three wallets at an average price of $3,027 per ETH. The current estimated total profit stands at $349 million (+29%).
Justin Sun previously unstaked 80,251 ETH ($131 million) from Lido on October 4, 2023, and transferred them to Binance within the following four days.




