Justin Sun Accumulates Massive $2.4B ETH Holdings Since Late Last Year
CryptoNewsTerminal Staff21 May, 2024
Justin Sun Accumulates Massive $2.4B ETH Holdings Since Late Last Year
Justin Sun, the founder of Tron (TRX), has aggressively accumulated ETH since late last year, now holding 665,000 ETH, worth $2.447 billion. Of this, 390,000 ETH ($1.435 billion) was acquired between late 2023 and April 2024, at an average price of $2,984. Sun's ETH holdings are split between his wallet (247,000 ETH) and staking/restaking platforms (417,000 ETH). This move signals Sun's bullish outlook on the Ethereum network and its long-term potential.
