2024

Coin

<ul class="news-points"> 
 <li>A whale wallet acquires $487M of ETH in two weeks, fueling speculation in the community.</li> 
 <li>The wallet is suspected to belong to Justin Sun.</li> 
 <li>Ethereum’s value breaches $3,000 as the wallet continues to build its positions<br></li> 
</ul> 
<p>In a recent revelation, a wallet believed to be associated with Tron magnate Justin Sun has spent a significant amount of Ethereum. Reports from Lookonchain unveil a staggering purchase of 13,780 ETH, valued at approximately $41.24 million, from cryptocurrency exchange Binance within the last 12 hours.</p> 
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   <p lang="en" dir="ltr">The suspected <a href="https://twitter.com/hashtag/JustinSun?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#JustinSun</a> wallet bought 13,780 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>($41.24M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> again 12 hours ago.<br><br>He bought 168,369 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a>($487M) at $2,894 from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> and <a href="https://twitter.com/hashtag/DEX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#DEX</a> in less than 13 days!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f631.png" alt="😱" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/HOLrbULDJB" target="_blank" rel="nofollow">https://t.co/HOLrbULDJB</a> <a href="https://t.co/zhJMQJGgq9" target="_blank" rel="nofollow">pic.twitter.com/zhJMQJGgq9</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1761621094417797579?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 25, 2024</a>
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<p>This transaction adds to a series of substantial acquisitions totalling 168,369 ETH, equivalent to approximately $487 million, within a mere two weeks. The frequency of these transactions is increasing and has captured attention across the cryptocurrency sphere.</p> 
<p>On Feb. 23 alone, the suspected wallet procured an additional 18,616 ETH ($54.57M), following previous <a href="https://twitter.com/lookonchain/status/1760233865220858042?s=20" target="_blank" rel="nofollow">purchas…</a></p>
<p>The post <a href="https://coinedition.com/wallet-suspected-to-be-justin-sun-buys-487m-of-eth-in-two-weeks/">Wallet Suspected to be Justin Sun Buys $487M of ETH in Two Weeks</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Wallet Suspected to be Justin Sun Buys $487M of ETH in Two Weeks

Coin Edition

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