Justin Sun recently transferred 19,000 ETH (around $60.83 million) to the HTX platform, generating an estimated profit of $69.36 million. For your information, Sun started his investment by purchasing 392,474 ETH from three different wallets between February 8 and August 5, investing a total of $1.19 billion and paying an average of $3.027 per ETH.

In addition to Justin Sun, an Ethereum ICO participant whose wallet had been dormant for three years was also found to have reactivated his wallet by transferring 1,555 ETH (around $5 million), according to PeckShield Alert data. The estimated total value of this participant’s assets is around $20.15 million. Additionally, Lookonchain data shows that a large ETH holder with 398,891 ETH sold 46,853 ETH for 138.8 million USDC and transferred an additional 12,886 ETH (worth $42 million) shortly after.

Actually, it can be said that it is quite reasonable, guys, if these entities make sales. They are also investors who certainly want profits.

#ETHETFsApproved #crypto.