Is Brother Sun reserving digital currency for the country? In the past two months, Justin Sun's address seems to have accumulated nearly 300,000 ETH. Does this mean that he plans to hand over these ETH to the ETH spot ETF in Hong Kong as a base position?

On April 22, according to Lookonchain's monitoring data, since March 31, the address suspected to be Justin Sun has deposited up to 787 million USDT to Tron on Binance. On the same day, a mysterious wallet was created on Ethereum and withdrew $96.8 million worth of stablecoins from Binance.

After that, this mysterious wallet began to actively purchase ETH from Binance and DEX, accumulating 127,388 ETH, with a total value of approximately $405.19 million and an average purchase price of $3,172. Prior to this, Justin Sun's wallet had purchased 168,369 ETH from Binance and DEX between February 12 and February 24, with a total value of approximately $487 million and an average purchase price of $2,894. The transaction behaviors of these two wallets are highly similar, so it is very likely that they both belong to Justin Sun.

If the above speculation is true, then since February 12, Justin Sun has purchased a total of 295,757 ETH through Binance and DEX at an average price of $3,014, with a total value of up to $891 million. This move has undoubtedly attracted widespread attention in the digital currency market, and people have speculated on the motives and intentions behind it.