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      Sun Yuchen Unstakes 5,000 ETH, Maintains Significant Holdings

      On September 8, 2026, on-chain analyst Ai Yi reported that Sun Yuchen has unstaked 5,000 ETH from Lido, marking a total redemption of 10,000 ETH since August 26. This recent transaction reflects ongoing activity in the cryptocurrency market by the prominent figure.

      Following the latest redemption, Sun Yuchen transferred approximately $12.3 million worth of ETH into Poloniex through two transactions, with the deposit price around $2,481 per ETH. Of the 5,000 ETH redeemed, 3,500 ETH was directed to Poloniex's hot wallet, while 1,500 ETH was deposited into Morpho, although the purpose of these transactions remains unclear.

      Despite these movements, Sun Yuchen retains a substantial holding of 238,000 stETH on-chain, which is valued at approximately $594 million. This significant amount underscores his continued involvement in the Ethereum staking ecosystem.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud