Justin Sun Now Accounts For 46 Percent Of Deposits Into This Liquid Restaking Protocol

Captured By Tracy D'souza / 1:20 pm on 6 May 2024

Tron Founder, Justin Sun has entered the spotlight again with his crypto deposit actions. In the latest move, the crypto whale’s address “0x7a9…3095” deposited a total of 120,000 eETH in liquid restaking protocol Swell L2. Justin Sun is known to have a great affinity for Ethereum-based digital currencies. He is known to conduct huge transactions featuring Ethereum (ETH), Shiba Inu (SHIB), and other cryptocurrencies. Per the latest transactions, Justin Sun made the transaction into Swell L2 on May 4. The eETH transferred into the protocol was worth approximately $376 million. This figure accounts for a total of 46.6% of the total deposits that Swell L2 has recorded since its inception.