According to Odaily, Sun Yuchen, a participant in the Ethereum network, has expressed his commitment to the long-term development of the decentralized protocol. He stated that he has sufficient capital to provide Total Value Locked (TVL) and node verification services for Ethereum, Tron, and all other types of Layer 2 (L2) projects, ensuring the security of all blockchains.
Previously, on-chain analyst Yu Jin monitored that Sun Yuchen currently holds 665,000 ETH (worth $2.447 billion). Of these, 390,000 ETH (worth $1.435 billion) were purchased between the end of 2023 and the end of April this year at an average price of $2,984. This shows Sun's significant investment and belief in the potential of Ethereum and other L2 projects.
Sun's commitment to these projects is a positive sign for the future of decentralized protocols and blockchain security. His substantial investment in Ethereum also demonstrates his confidence in the platform's potential for growth and development.
