en.bitcoinsistemi.com
$ETH moves came from Tron (TRX) founder Justin Sun and Ethereum ($ETH) co-founder Vitalik Buterin, two names who have made a name for themselves with their transactions and critical moves in the cryptocurrency market.
First, Ethereum co-founder Buterin transferred $8.05 million worth of $ETH to his multi-signature wallet.
Lookonchain stated in its post that Vitalik Buterin transferred 3,000 $ETH ($8.05 million) to his multi-signature wallet and that this transaction was likely a donation.
Justin Sun Prepares to Sell Ethereum!
Secondly, an address believed to belong to Justin Sun deposited $43.41 million worth of $ETH into HTX.
According to a post by on-chain analyst Ember CN, an address believed to belong to Tron founder Justin Sun deposited 16,236 $ETH (worth around $43.41 million) to the HTX crypto exchange about an hour ago.
Later, 4,500 of these $ETH were transferred from HTX to Binance. This address spent 37 million $USDT to purchase $ETH on August 5, with an average cost of 2,279.
As a result, this address earned $6.41 million in $ETH transactions in 4 days, according to Ember CN.
“The address suspected to belong to Justin Sun (0x5ac…17e) transferred the $ETH it bought at the bottom on August 5th to HTX 1 hour ago. Is this address preparing to take profit?
After the market crashed on August 5, this address spent 37 million $USDT to purchase 16,236 $ETH at an average price of $2,279.
1 hour ago, this 16,236 $ETH ($43.41 million) was transferred to HTX. Later, 4,500 $ETH was transferred from HTX to Binance.
Compared to August 5, these ETHs gained $6.41 million (+17.3%) in value in 4 days.
Ethereum continues to trade at $2,671 at the time of writing.
疑似属于孙哥的地址 (0x5ac…17e) 在 1 小时前将 8/5 抄底的 $ETH 转进 HTX，这是准备止盈吗？
8/5 市场暴跌后该地址花费 3700 万 $USDT 以 $2,279 的均价抄底了 16,236 枚 $ETH。
1 小时前，这 16,236 枚 $ETH ($43.41M) 被转进 HTX。随后有 4,500 $ETH 从 HTX 转入 Binance。相较于 8/5，这笔 $ETH 在… https://t.co/c0E5bEff8d pic.twitter.com/go48DYHvQ9
— 余烬 (@EmberCN) August 9, 2024
*This is not investment advice.