Justin Sun's ETH Holdings Surpass Ethereum Foundation

On-chain data shows that Justin Sun has redeemed 5,000 ETH from Lido. Of this amount, 3,500 ETH were transferred to Poloniex and subsequently moved to a hot wallet, while the remaining 1,500 ETH were deposited into Morpho. Justin Sun currently holds over 243,000 ETH, valued at more than $600 million, ranking him fourth among all ETH holders and placing his total holdings above those of the Ethereum Foundation.