Can Ahmet 
Justin Sun, the founder of TRON, transferred 70,182 Ethereum (ETH), valued at a total of $244.9 million, to HTX (formerly known as Huobi).
Details
The 70,182 ETH transferred by Justin Sun originated from the following sources:
- 42,905 ETH was unstaked from Lido Finance, a decentralized liquid staking protocol.
- 27,277 ETH was transferred from the Etherfi platform.
With this transaction, Sun’s total Ethereum deposits to HTX as of the end of November reached 179,101 ETH, valued at approximately $645 million.
Other Major Transactions in December
- December 23, 2024: Justin Sun liquidated 39,999 ETH (worth $143 million) from Lido Finance and Etherfi and deposited the funds into HTX.
- December 16, 2024: He requested to withdraw 52,905 ETH (valued at $209 million) from Lido Finance.
Market Impact
Justin Sun’s actions could lead to short-term price fluctuations in the Ethereum market, as his large-scale transactions draw attention and influence trading dynamics.
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