$ETH
🚀Justin Sun's big move!
1 hour ago, he submitted a redemption request to Lido for 52,905 tokens of $ETH !
Worth up to $209 million!
According to Spot On Chain data, just an hour ago, crypto tycoon Justin Sun sent a redemption request to Lido—52,905 ETH, equivalent to a whopping $209 million at current prices!
This is no small amount! It’s worth noting that this ETH is part of the 392,474 ETH (total value of $1.19 billion) that Justin Sun meticulously acquired through three mysterious wallets between February and August, at an average price of about $3,027. And now, this portion of ETH has already brought him an estimated total profit of up to $349 million (+29%)!
Looking back at history, Justin Sun's operations in the crypto market have always attracted attention. On October 4, 2023, he had also redeemed 80,251 ETH (worth $131 million) from Lido, and quickly transferred it to Binance within the next 4 days. Following that, the ETH price dropped by about 5% in mid-October.
This time, Justin Sun has once again initiated a large-scale redemption. Does it signal some change in the market? How will he strategize his next move? Let’s keep an eye on the twists and turns of this crypto world!
Follow me for daily updates on the latest quality market information, guiding you to wealth without getting lost!