Ethereum's Mysterious Transfer: KelpDAO Moves Justin Sun's Funds
CryptoNewsTerminal Staff29 May, 2024
Ethereum's Mysterious Transfer: KelpDAO Moves Justin Sun's Funds
AmberCN reported via X that the large-scale transfer of Ethereum (ETH) that occurred around 0:40 AM (Korean Time) on May 30 was the Ethereum liquid staking protocol Kelp DAO depositing Tron founder Justin Sun's funds into the Ethereum liquid staking protocol EigenLayer. Justin Sun's estimated address had deposited 52,315 ETH into KelpDAO around 3:00 AM on the 29th.