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<p>The post <a href="https://coinpedia.org/crypto-live-news/tron-founder-justin-sun-accumulates-49m-in-ethereum/">Tron Founder Justin Sun Accumulates $49M in Ethereum</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Tron founder Justin Sun has been significantly increasing his Ethereum holdings, likely in anticipation of the SEC approving Ethereum ETFs in July. According to spotchain, Sun’s wallet has recorded a total transfer of $16.07 million worth of ETH from Binance, and his recent acquisitions amount to $49 million at an average price of $3,494 per ETH. Additionally, Sun purchased over $1.1 billion in Ethereum last year and deposited 89.57 million TRX to Binance, using $32.9 million to buy more ETH. These strategic moves clearly demonstrate Sun’s optimism about the expected launch of Ethereum Spot ETFs.</p>

Tron Founder Justin Sun Accumulates $49M in Ethereum

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