Ethereum

The creator of Tron, Justin Sun, is causing quite some buzz in the crypto community with his plans to buy up to 53,000 Ethereum (ETH). His proposal is made while <a href="https://cryptotale.org/in-a-blinking-moment-ethereum-crossed-4k-key-drivers/" rel="noopener noreferrer nofollow">Ethereum</a>, the second most valued cryptocurrency, hovers around $4,000, a 2.53% rise in the last day. This comes after Sun’s recent ETH sell-off, which has created uncertainty about the asset&#39;s future price.In an X post on Monday, analytical firm Spot On Chain revealed that Sun had submitted a withdrawal request for 52,905 ETH, or about $209 million, from Lido. The firm also disclosed that Sun bought 392,474 ETH for $1.19 billion across three wallets between February and August 2024. He has made a total revenue of over $349 million from his investments, which gives an ROI of 29%.<a href="https://cryptotale.org/justin-suns-bold-move-will-53k-eth-buy-impact-eths-price/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Justin Sun's Bold Move: Will 53K ETH Buy Impact ETH’s Price?

CryptoTale

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