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Data: Sun Yuchen applies for redemption of 5000 ETH after a year
According to on-chain analysts’ monitoring, Sun Yuchen’s address (0x176…a132) applied to Lido for the redemption of 5,000 ETH, worth $12.3 million, 10 minutes ago. This is the first time this address has unstaked since July 18, 2025, and the specific use is unknown.
Sun Yuchen currently holds nearly $600 million in stETH on-chain, totaling 243,000 coins.
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