Justin Sun, the founder of TRON, is suspected of purchasing Ethereum, totaling approximately $891 million, since February 12. Analysis by blockchain analytics firm Lookonchain indicates that two wallets, likely linked to Sun, have been involved in influential crypto transactions. These include large-scale purchases and transfers involving Ethereum and stablecoins on platforms such as Binance and […]
The post Justin Sun Tied to $891M ETH Purchase as Ethereum Market Surges appeared first on Coin Edition.
- Justin Sun is suspected of buying $891M in ETH since Feb 12.
- ETH price rises post-Bitcoin halving, targeting key fib level.
- Technical indicators suggest strong bullish momentum for ETH.
Justin Sun, the founder of TRON, is suspected of purchasing Ethereum, totaling approximately $891 million, since February 12. Analysis by blockchain analytics firm Lookonchain indicates that two wallets, likely linked to Sun, have been involved in influential crypto transactions. These include large-scale purchases and transfers involving Ethereum and stablecoins on platforms such as Binance and decentralized exchanges (DEX).
The first wallet in question reportedly deposited 787 million USDT to Binance on the Tron network starting March 31. On the same day, a newly created Ethereum wallet began withdrawing $96.8 million in stablecoins…
The post Justin Sun Tied to $891M ETH Purchase as Ethereum Market Surges appeared first on Coin Edition.
