Reports revealed that crypto entrepreneur and founder of Tron, Justin Sun, transferred a large amount of… Ethereum In liquid storage service this week.
According to on-chain data, about 45,000 Ethereum — worth about $154.5 million at the time — were transferred from the Aave lending protocol to the Lido Finance pool.
the transformation They were public and traceable on the blockchain. It quickly attracted attention due to its size and timing.
Sun’s public portfolios are growing
The funds were in Aave before the move. It was then deposited into Lido, which issues ETH staking tokens that allow holders to retain some form of liquidity while staking their ETH.
based on ReportsSun’s public wallets now show around $534 million in ETH holdings. This number reportedly exceeded his holdings in TRON’s native token, TRX, which is estimated at around $519 million.
Market watchers say the swap signals a shift in how some large shareholders allocate capital.
Justin Sun just earned over $150 million in Ethereum [ARKHAM INSIGHTS]
Justin Sun just withdrew $154.5 million worth of ETH (45,000 ETH) from AAVE and deposited it into Lido Scking. He currently holds $534 million worth of ETH in his general wallet, even more than he holds in TRX ($519 million).
We found this by… pic.twitter.com/rwU3H5uIKu
– Arkham (@Arkham) November 5, 2025
Bigger stakes, bigger questions
Analysts reacted quickly. Some see this action as a vote of confidence in the return options and security of the ETH protocol. Others raised the point that large sums of money are being funneled into individual funds Fluid accumulation Service providers can add centralization risks to the network.
The price is still unexpected. Also, staking carries its own risks – smart contract errors, validator downtime, and truncation events are possibilities that investors should evaluate.
Market context and price action
Based on reports, it was ETH commerce Close to $3389 when this move is observed. The token was down nearly 12% in the previous week, making large foreclosure flows more visible as large purchases or internal transfers stand out in the face of falling prices.
In the broader cryptocurrency landscape, institutional and whale moves toward staking have been increasing over the past months.
Lido remains one of the largest providers of liquid mortgage services, and its market share is closely monitored by both traders and protocol researchers.
Cues versus motivation
The actions taken by TRON’s Chairman, Sun, could be long-term, aimed at achieving returns, or at mixing securities on a broader scale.
There is something notable in this conversion, but it is just part of a bigger picture – including holdings, trading and trends outside of the broader over-the-counter markets.
Featured image from Unsplash, chart from TradingView
