Justin Sun unlocks staked stETH after one year, redeeming $12.3 million

BlockBeats News, August 26th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), Justin Sun's address has undelegated staked ETH after a year. 10 minutes ago, the address 0x176…0a132 redeemed 5000 ETH from Lido, worth $12.3 million. This is the first undelegation behavior since July 18, 2025, with the purpose unknown. Justin Sun currently holds nearly $600 million worth of staked ETH on-chain, totaling approximately 243,000 ETH.