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Ethereum Jackpot: Justin Sun’s Massive ETH Withdrawal, What It Means for You?

source-logo  coinpedia.org 15 July 2024 22:40, UTC

Justin Sun, the well-known entrepreneur and founder of Tron, has made headlines again. This time, he’s made a significant move with Ethereum (ETH). Popular on-chain analytics provider Spot On Chain reports that Justin Sun has allegedly withdrawn 14,436 ETH from the well-known crypto exchange Binance. This move has sparked curiosity and speculation in the crypto world.

The Big Withdrawal – What’s Happening?

Spot On Chain recently shared on social media that Sun withdrew 14,436 ETH, worth nearly $45.5 million, from Binance. This withdrawal reportedly happened after a deposit of almost $45 million USDT to the exchange, three days ago. The buying price for each ETH was approximately $3,117.

Justin Sun’s recent activities underscore the dynamic and unpredictable nature of the crypto market. His strategic moves with ETH continue to generate interest and speculation. What will be his next big step? The crypto community will undoubtedly be watching closely.

coinpedia.org