Justin Sun Suspected Address Expands ETH Holdings by $67.5 Million

IconCrypto News Terminal25 Apr, 2024

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Justin Sun Suspected Address Expands ETH Holdings by $67.5 Million

On-chain data analytics provider Lookonchain reports that an address suspected to be linked to Justin Sun recently added 21,547 ETH to its holdings. This purchase is estimated to be worth around $67.5 million. The address in question has been actively accumulating ETH since April 8th this year, and has acquired a total of 176,117 ETH, amounting to approximately $559.7 million. The average purchase price during this period was $3,172 per ETH. Sun is the founder of Tron, a blockchain platform, and is known for his bullish stance on cryptocurrencies. His recent ETH purchases suggest that he remains optimistic about the future of the cryptocurrency market. Previously on [date], [one liner summary of previous news].

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