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According to LookOnChain’s post, a wallet believed to belong to Justin Sun bought 18,616 ETH worth 54.57 million dollars through Binance.
Justin Sun, founder of Tron (TRX), known for his investments and statements in the crypto sector, has been talked about lately for his Ethereum moves.
According to the post by LookOnChain, it is indicated that Sun, who has been noticed for buying Ethereum recently, might have bought ETH again. It appears that the wallet believed to belong to Justin Sun bought 18,616 ETH worth 54.57 million dollars through Binance.
Moreover, according to LookOnChain, this wallet has bought a total of 151,196 ETH worth 455.3 million dollars at an average price of 2,879 dollars over the past 12 days.
These moves of Justin Sun towards Ethereum have greatly aroused interest in the crypto community.
“The wallet believed to belong to Justin Sun, bought 18,616 ETH (worth 54.57 million dollars) from Binance again just 10 minutes ago.
In less than 12 days, it bought 151,196 ETH (worth 435.3 million dollars) at an average price of 2,879 dollars from Binance and DEX!”
Justin Sun is known for his trading skills in Ethereum. It is known that he has made a significant profit by selling 340,000 ETH just before a major crash of Ethereum at its peak.
Also, this situation is considered an indicator of Sun’s skill in crypto trading and his ability to accurately predict market trends.
As of the date of your article, Ethereum is trading at 2,950 dollars.
The suspected #JustinSun wallet bought 12,702 $ETH($36.9M) again In the past 30 mins.
In less than 10 days, he bought 104,055 $ETH($296M) at $2,846 from #Binance and #DEX!😱
And $ETH Buying is going on!https://t.co/wRpBkwcEcf pic.twitter.com/ow15DHcpTR
— Lookonchain (@lookonchain) February 21, 2024
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