Ethereum (ETH) purchases made by TRON (TRX) founder Justin Sun in the last 2 weeks amounted to half a billion dollars.
A cryptocurrency wallet thought to belong to Justin Sun again received millions of dollars worth of Ethereum. According to data transmitted by the on-chain analysis platform Lookonchain February 23 day-activated wallet, cryptocurrency exchange Binance through $54.57 million worth 18,616 Ethereum made the purchase.
The wallet in question is in a 12 day periodthrough Binance and decentralized exchanges (DEX) $435.3 million worth 151,196 Ethereum has purchased it.
The wallet named “TWGHNc” was launched on the cryptocurrency exchange on February 18. 500 million Tether (USDT) from HTX He had taken it. Lookonchain noted that the only person who could attract this amount of assets would be Justin Sun, who also serves as an advisor to HTX.
Many cryptocurrency whales, including Justin Sun, have started to stand out with their Ethereum purchases in recent days. Behind the Ethereum-centered buying pressure is the USA spot Ethereum exchange-traded fund (ETF) There is an expectation that they will approve their applications.
On the other hand, it has critical value for the Ethereum network dencun The upgrade is expected to become active next March.