CryptoNews: Founder of the Tron network, withdrew $29.7 million worth of Ethereum (ETH) from Lido Finance's liquid staking platform and sent the tokens to the Sun-backed crypto exchange, Huobi.
from Lido Finance's liquid staking platform and sent the tokens to the Sun-backed crypto exchange, Huobi.
Data from Arkham Intelligence shows that Sun's wallet received 15,805 ETH from Lido's withdrawal address on Thursday after requesting to unstake the tokens the day before. A few minutes later, the wallet deposited 15,815 ETH to Huobi, which frequently indicates a sale intention.to Huobi early last Wednesday when the token was trading near $29,000. Sun's digital asset holdings in labeled crypto wallets were worth a total of $1.2 billion.
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