Justin Sun, the founder of Tron, has staked millions of dollars in Ethereum (ЕТХ) on the liquid staking site Lido Finance in anticipation of the eagerly anticipated Ethereum Shanghai upgrade in March.
On Feb. 25, the on-chain data portal Lookonchain disclosed that an address identified as Justin Sun had staked 150,100 ETH, totaling more than $240 million, on Lido. According to the DeBand wallet data, there were three transactions at roughly 7:20 AM UTC today, with 50,000 ETH and 100 ETH moving to Lido.
Source: https://crypto.news/justin-sun-stakes-eth-worth-240-million-on-lido/