Justin Sun spends $245 million to support Ethereum! Is ETH going to take off?
Justin Sun makes another big move! He spends $245 million to directly transfer more than 70,000 Ethereum to the HTX account to support the development of the platform!
This money is not random - part of it comes from the unstaking of Lido Finance, and the other part is transferred from Etherfi.
Since November 10, Justin Sun has deposited more than 170,000 Ethereum into HTX, with a total of $645 million, and an average price of only $3,601 per Ethereum!
He currently holds more than 100,000 STETH (worth $372 million) and more than 50,000 EETH (worth $196 million).
Even more amazing is that he has just unstaken 25,000 Ethereum from Etherfi, worth up to $87 million!
Justin Sun personally refuted the rumors of clearing Ethereum, saying that these operations were just fund transfers between different wallets and did not change his confidence in the future of Ethereum at all.
This wave of operations has given Ethereum a shot in the arm! I have to admire his vision and courage. Perhaps the next leap of ETH is just around the corner!
There must be a leader in the cottage season! ETH leads the cottage brothers to collectively explode!
XRP is not good, DOGE is not good, BGB and HYPER are even worse - these are just individual phenomena and lack leadership attributes!
The real cottage season is a collective riot and a full-scale outbreak of the track! It is the major "bosses" who are surging with a group of "little brothers"!
The current market is still in a volatile stage and has not yet broken through the large box. Only Bitcoin itself can not be called a bull market in the currency circle. The real storm is still waiting for the full outbreak of ETH and other leading coins!