According to information shared by Spot on chain, Justin Sun's wallet address deposited 29,153 ETH (worth approximately $96.7 million) and 249,868 EIGEN (about $884,000) to HTX 11 hours ago.
Justin Sun (@justinsuntron) deposited 29,153 $ETH ($96.7M) and 249,868 $EIGEN ($884K) to #HTX 11 hours ago. Since Nov 10, he has deposited 227K $ETH ($807M) to HTX at ~$3,556. Most of these $ETH were accumulated at ~$3,036 in the first half of 2024. He has also requested to… https://t.co/7bHisjhMeV pic.twitter.com/gDvumtebrZ
— Spot On Chain (@spotonchain) December 31, 2024
Since November 10, he has cumulatively deposited 227,000 ETH (approximately $807 million) to HTX, at an average price of about $3,556. Most of these ETH were accumulated in the first half of 2024 at around $3,036.
Additionally, he also requested to unstake 96,580 ETH (approximately $322.7 million) from Lido Finance and Etherfi, which are likely to continue flowing into HTX in the future.
According to a previous report by Zombit, although on-chain data shows that Justin Sun has been transferring Ethereum to HTX, he himself claimed in a post on X that this action is not for liquidating Ethereum, but merely a transfer between different wallets. He stated in his tweet:
"The rumors circulating online about us liquidating ETH are false; it's just a transfer of ETH between our different wallets. We remain optimistic about the Ethereum ecosystem in the long term."
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