Crypto expert Justin Sun, founder of Tron, has suffered significant financial losses due to a market downturn, losing around $66 million after Ethereum's price plummeted by over 10%. This loss came after he had previously made a $58 million profit from Ethereum. The market's volatility has led to widespread liquidations, including Sun's, sparking concerns about his financial strategies. Recently, Sun transferred $21 million worth of various cryptocurrencies to Binance, leading to speculation about his intentions and potential market impact. Sun's actions underscore the challenges investors face in the volatile cryptocurrency landscape.
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