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It is suspected that Justin Sun's wallet may have increased its holdings by nearly 300,000 ETH in the past two months

It is suspected that Justin Sun's wallet may have increased its holdings by nearly 300,000 ETH in the past two months

Bitget2024/04/22 04:11

According to Lookonchain monitoring, a wallet suspected to belong to Justin Sun has deposited 787 million USDT into Tron from CEX since March 31. Also on March 31, a mysterious wallet was created on Ethereum and withdrew stablecoins worth $96.8 million from CEX. Subsequently, this mysterious wallet began purchasing ETH from CEX and DEX, buying a total of 127,388 ETH ($405.19 million) at a price of $3,172 each. From February 12 to February 24, the Justin Sun's wallet purchased 168,369 ETH ($487 million) at a price of $2,894 each from CEX and DEX. The trading behaviors of these two wallets are very similar and likely both belong to Justin Sun. If so, then since February 12th , Justin Sun has bought a total of 295757 ETH (891million USD) with an average price of $3014 per coin from CEX and DEX.

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