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Earning $9.5 Million in Annual Passive Income! Sun Yuchen Deposits Another 13,000 ETH into Lido, stETH Holdings Surge Past $430 Million
The ultimate level of crypto passive income! According to on-chain data analytics account Onchain Lens, Tron founder Justin Sun today (8th) added another 13k ETH to liquid staking protocol Lido Finance. As of now, Sun's total holdings on the platform have grown to a staggering 247,436 stETH, and simply by collecting Ethereum staking rewards, he can "earn passively" nearly $10 million a year, making him one of the most powerful whale flywheels in the crypto market.
(Previous recap: Justin Sun accepts interview with Hurun Report: New order and certainty of value flow in a cycle of change)
(Background supplement: Justin Sun sues WLFI, mocked by Eric Trump: "This lawsuit is more absurd than spending $6 million on a duct-tape banana")
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While ordinary investors are still anxious about short-term market fluctuations, top whales in the industry have long built unimaginable multi-million dollar passive income empires through decentralized finance (DeFi) protocols.
According to the latest observations released by on-chain data analytics account Onchain Lens on July 8, 2026, the known whale wallet address controlled by Tron founder and HTX global advisor Justin Sun has once again executed a large-scale capital deployment into Ethereum's largest liquid staking protocol, Lido Finance.
Another 13k ETH dumped, total staked assets surpass $430 million
On-chain transaction records show that around early morning Taipei time on July 8, Justin Sun once again submitted and staked 13,000 ETH through his iconic wallet address (0x176f...a132) to the Lido protocol. The real-time value of this single top-up was as high as $23.08 million.
With this tens-of-millions-level capital injection, Sun's interest-bearing asset position on the Lido platform has surged again. As of press time, his cumulative liquid staking tokens held in the Lido account have reached 247,436 stETH, with a market value as high as $430.2 million (approximately NT$14 billion). This solidifies his position as one of the largest individual retail stakers globally on the Lido protocol.
Justin Sun Lido staking positions and interest data overview
Through detailed on-chain data analysis, we can clearly see how this crypto whale uses liquid staking to convert massive Ethereum spot holdings into a money-making machine running day and night:
| On-Chain Monitoring Indicator | | --- | Latest Statistics (as of 2026/7/8) | Financial Significance & Market Analysis | | --- | --- | --- | | Latest Single Top-Up Amount | 13,000 ETH ($23.08M) | Seizing the opportunity as Ethereum stabilizes near recent levels, Sun executes another on-chain scaled staking. | | Total Lido Position | 247,436 stETH ($430.2M) | An extremely powerful personal holding, providing substantial locked capital for the Ethereum network. | | Estimated Annual Passive Income | Approx. $9.5M/year (nearly NT$300M annually) | Based on current Ethereum staking network yield, translating to stable daily interest income. | | Historical Cumulative Income (since 2023/2) | 11,307 stETH ($26.82M) | Since the position was established in February 2023, it has shown nonlinear, astonishing compounding growth. |
True "passive income": the yield flywheel from decentralized finance
What is most striking about this data is how top digital asset holders utilize decentralized liquidity protocols to construct yield-generating models far beyond traditional financial markets. Traditional trust or credit funds would require complex centralized intermediaries and management costs to generate nearly $10 million in annual net income, but in the world of DeFi, this massive non-wage income operates perfectly through smart contracts alone.
Notably, since the position was established in February 2023, Sun's Ethereum spot holdings have never stopped self-accumulating. Market analysts point out that as the crypto market experiences multiple short squeezes and buying rebounds in 2026, Sun's continued locking of spot into high-liquidity, low-risk yield channels like Lido not only effectively hedges against short-term market volatility but also provides ample and continuous cash flow support for his overall digital asset portfolio. In the new era of compliance where market rules are being reshaped, on-chain whales are proving with tangible actions that those who master correct information and hold high-quality assets will consistently prevail in the long-term redistribution of wealth.