Justin Sun Dominates Liquid Restaking Protocol with 46% Deposits: Impact on TRON (TRX) Explored

• Tron founder, Justin Sun, has recently made a significant deposit into the liquid restaking protocol, Swell L2.
• The deposit, worth 46.6% of the total deposits into the protocol, has sparked speculation about Sun’s intentions.
• Despite the mystery surrounding the purpose of the funds, Sun continues to be a vocal advocate for liquid restaking on Ethereum.

Tron founder, Justin Sun, has recently made a significant deposit into the liquid restaking protocol, Swell L2, accounting for nearly half of the total deposits. This article explores the implications of this move and Sun’s ongoing engagement with Ethereum.

Justin Sun’s Deposit into Swell L2

Justin Sun, the founder of Tron, has once again grabbed the attention of the crypto community with his latest deposit into Swell L2. The deposit, made from the address “0x7a9…3095”, amounted to a total of 120,000 eETH. This figure represents a staggering 46.6% of the total deposits that Swell L2 has received since its inception.

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