Justin Sun, founder of Tron, has invested 60,000 ETH in Lido, reflecting confidence in Ethereum’s potential. This investment is expected to yield an annual return of 1,740 ETH, enhancing his portfolio’s value to around 1 billion USD.
Lido currently offers an annual yield of 2.9% and has approximately 17.5 billion USD in staked assets. Sun’s stake may signal a turning point for ETH as traders respond positively to the market situation.