Tron founder Justin Sun is causing a stir in the cryptocurrency world with his recent significant deposits in the liquid staking protocol Swell L2. Sun managed to secure a remarkable 46% of all deposits in the protocol, showcasing his influential presence in the industry. This move has not gone unnoticed, as it has sparked discussions and garnered attention from both investors and experts within the cryptocurrency community.
On May 4, Justin Sun made a groundbreaking $376 million eETH deposit in the Swell L2 protocol, further solidifying his position as a key player in the crypto space. This sizable deposit has not only showcased Sun's confidence in the protocol but has also had a substantial impact on the industry as a whole. Such a significant move by a prominent figure like Sun has underscored the potential of liquid staking protocols and their role in shaping the future of cryptocurrencies.
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