The Ethereum ecosystem witnessed a massive restaking on EigenLayer, a popular ETH staking platform. Notably, over 1 million ETH tokens have been Restaked into EigenLayer. Moreover, it’s important to note that Puffer Finance and Tron Founder Justin Sun led the development.
Justin Sun & Puffer Finance Stake Massive ETH Reserves On EigenLayer
According to Spot On Chain, an onchain data tracking platform, over 1.35 million ETH, valued at approximately $3.33 billion, has been restaked into Eigenlayer. This influx includes notable players such as Puffer Finance, Justin Sun, Eigenpie, and Kelp DAO. Recently, Justin Sun notably unwrapped 94,500 WSTETH from Lido before depositing it into Eigenlayer, solidifying his position as one of the largest restakers.
Puffer Finance led the pack with 233,600 ETH restaked, equivalent to $566 million. In addition, Sun’s total restaking amounted to 109,300 ETH worth $265 million. Whilst, Eigenpie restaked 88,600 ETH, valued at $215 million, into Eigen
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