Tron founder Justin Sun has deposited around $150 million worth of Ethereum into Lido, according to data shared today by blockchain analytics firm Arkham on X. The move adds Sun to the growing wave of large-scale participants joining the liquid staking trend.
JUSTIN SUN JUST STAKED OVER $150M OF ETH [ARKHAM INSIGHTS]
Justin Sun just withdrew $154.5M of ETH (45,000 ETH) from AAVE and deposited it to Lido Staking. He currently holds $534M of ETH in his public wallets, even more than he holds in TRX ($519M).
We found this through… pic.twitter.com/rwU3H5uIKu
— Arkham (@arkham) November 5, 2025
Arkham’s data revealed multiple transactions totaling 50,000 ETH, directed to Lido’s staking contracts in recent days. This expansion reflects a renewed surge in Ethereum staking demand, where users seek rewards while maintaining token liquidity through platforms such as Lido. Sun’s participation further reinforces the platform’s dominance in the liquid staking sector, which currently holds a substantial share of all ETH deposits on the network.
With this new stake, Lido’s total value locked is expected to grow even further, potentially strengthening its position against emerging competitors like Rocket Pool and EigenLayer. Observers will watch closely whether Sun’s move signals increased institutional involvement in staking and how this might influence Ethereum’s yield dynamics and market sentiment in the short term.
Source: Arkham on X
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