Suspected Justin Sun wallet has bought 295,757 ETH from Binance and DEX since February 12
Lookonchain monitoring shows that a wallet suspected to belong to Justin Sun has deposited 787 million USDT into Tron on Binance since March 31. Also on March 31, a mysterious wallet was created on Ethereum and extracted stablecoins worth $96.8 million from Binance. Subsequently, the mysterious wallet began to purchase ETH from Binance and DEX, totaling 127,388 ETH ($405.19 million) at a price of $3,172. Justin Sun's wallet purchased 168,369 ETH ($487 million) from Binance and DEX between February 12 and February 24 at a price of $2,894. The transaction behavior of these two wallets is very similar and is likely owned by Justin Sun. If so, since February 12, Justin Sun has purchased a total of 295,757 ETH ($891 million) from Binance and DEX at an average price of $3,014.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why This Crypto Expert Believes Bitcoin and Risk Assets Are Poised to Thrive
Bitcoin Nears Key Threshold as Market Sentiment Hangs in the Balance
MicroStrategy Adds 2,530 BTC to Its Holdings, Reaching 450,000 Total Bitcoin
Bitcoin Mining Difficulty Hits Record High as Network Strengthens