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Tron (TRX) founder Justin Sun, one of the notable names of the cryptocurrency industry with his investments and statements, has been talked about with his Ethereum moves lately.
At this point, Sun, who has purchased Ethereum many times, may have purchased ETH again.
According to Lookonchain's post, the wallet thought to belong to Justin Sun purchased 18,616 ETH worth $54.57 million from Binance.
Lookonchain added that this wallet purchased 151,196 ETH worth $455.3 million at an average price of $2,879 in the last 12 days.
“The wallet, considered to belong to Justin Sun, purchased 18,616 ETH (worth $54.57 million) from Binance 10 minutes ago.
Bought 151,196 ETH ($435.3 million worth) on Binance and DEX at an average price of $2,879 in less than 12 days!”
Justin Sun is well known as an Ethereum trader. Because it is known that Sun made a tremendous profit by selling 340,000 ETH at the peak of Ethereum before the big collapse.
Ethereum continues to trade at $2,945 at the time of writing.
The suspected #JustinSun wallet bought 18,616 $ETH($54.57M) from #Binance again 10 mins ago.
He bought 151,196 $ETH($435.3M) at $2,879 from #Binance and #DEX in less than 12 days!😱https://t.co/pq40KOW7Fi pic.twitter.com/1aZjvWCnvB
— Lookonchain (@lookonchain) February 23, 2024
“*This is not investment advice.