Ethereum

2024

Spot

Coin

<ul class="wp-block-list news-points">
 <li><strong>Justin Sun’s Ethereum holdings now total 392,474 ETH amid market volatility concerns.</strong></li>
 <li><strong>Jump Trading withdraws 606 million USDC, sparking fears of Ethereum sell-off.</strong></li>
 <li><strong>Ethereum price sees 8.78% increase despite a 23.70% weekly decline amid volatility.</strong></li>
</ul>
<p>SpotOnChain recently reported that Justin Sun, the founder of Tron, withdrew a significant amount of Ethereum from Binance. The withdrawal, totalling 14,884 ETH, is valued at approximately $35.97 million. This action brings Sun’s total Ethereum holdings since February to 392,474 ETH, which was acquired at an estimated cost of $1.19 billion but is now worth $995 million due to the unstable market conditions.</p>
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   <p lang="en" dir="ltr">Justin Sun (<a href="https://twitter.com/justinsuntron?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@justinsuntron</a>) withdrew 14,884 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> ($35.97M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 10 hours ago!<br><br>This brought the total amount of <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> he accumulated since Feb to 392,474 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> (est. cost: $1.19B, now worth: $995M).<br><br>Note that Justin Sun also deposited a net amount of 49M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a> to <a href="https://twitter.com/hashtag/HTX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#HTX</a> in… <a href="https://t.co/43dHfK4U74" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/43dHfK4U74</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1820632561770762456?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 6, 2024</a>
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<p>Justin Sun’s financial actions extend beyond Ethereum. Over the past three days, Sun has deposited 49 million USDT to the HTX exchange. This movement has raised c…</p>
<p>The post <a href="https://coinedition.com/justin-suns-35-97m-ethereum-move-whats-next-for-tron-founder/" rel="noopener noreferrer nofollow">Justin Sun’s $35.97M Ethereum Move: What’s Next for Tron Founder?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Justin Sun’s $35.97M Ethereum Move: What’s Next for Tron Founder?

Coin Edition

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