Justin Sun's Ethereum Strategy Shocks the Market, ETH Market Dynamics Stirred!
Recently, Justin Sun dropped a bombshell in the crypto world by strongly supporting HTX with $245 million worth of Ethereum, instantly becoming the center of attention and causing a stir.
Not long ago, Justin Sun injected 70,182 Ethereum into the HTX account, valued at up to $244.9 million. Among these, 42,905 came from the un-staking of Lido Finance, while 27,277 were sourced from Etherfi, with clear and transparent funding sources. Since November 10, he has deposited a total of 179,101 Ethereum into HTX, spending $645 million, with an average cost as low as $3,601 per coin, showcasing his sharp investment acumen.
Now, Justin Sun still holds a large amount of quality assets, including 106,905 STETH valued at approximately $372.4 million, and 56,277 EETH valued at $195.8 million. He has also successfully un-staked 25,000 Ethereum from Etherfi, valued at $87 million, demonstrating a remarkable agility and efficiency in fund operations, attracting the attention of many in the crypto industry.
In the face of rampant rumors about clearing Ethereum in the market, Justin Sun personally stepped in to dispel the rumors, stating that it was merely a transfer of funds between wallets and expressing strong optimism about Ethereum's long-term prospects. His statement quickly stabilized market confidence and led to a renewed rise in Ethereum's value expectations.
Justin Sun's series of bold actions undoubtedly injects strong momentum into ETH, becoming a key driving force for the market's upward movement. His keen market insight and decisive decision-making are truly admirable. Meanwhile, the Elon Musk-themed puppy project on Ethereum has emerged, already boasting 15,000 holding addresses, with potential that should not be underestimated. It is expected to continue the wealth legend of SHIB and become a new darling in the crypto space, warranting close attention from investors.