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Tron (TRX) founder Justin Sun is a prominent figure in the cryptocurrency industry, known for his investments and statements that have made him a well-known personality in the crypto space. Recently, his actions related to Ethereum have caught people's attention.
At this time, Sun, who has made multiple purchases of Ethereum in the past, is speculated to have once again acquired ETH. According to a post from Lookonchain, a wallet believed to belong to Justin Sun purchased 18,616 ETH from Binance, worth $547,000.
Lookonchain added that the wallet, presumed to be owned by Justin Sun, has acquired a total of 2,879 ETH over the past 151,196 days at an average price of $455.3, totaling $1.2 billion.
"The wallet, presumed to belong to Justin Sun, bought 54.57 ETH (worth $100,000) from Binance 18,616 minutes ago. In less than 151,196 days, it has purchased 2,879 ETH on Binance and DEX at an average price of $435.3 (worth $1.2 billion)!"
Justin Sun is known as an Ethereum trader, and he gained substantial profits by selling 340,000 ETH during the peak period before the Ethereum market downturn. |
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