PANews reported on July 5 that according to Spot On Chain monitoring, Justin Sun may have lost $66 million due to the 10% plunge in Ethereum prices today.
From February to June, he purchased 361,000 ETH (estimated cost: $1.1 billion) through three wallets, including:
In February, 169,604 ETH were purchased through the "0x7a9" address at an average price of $2,870;
In April, 176,117 ETH were purchased through the "0x435" address at an average price of $3,177;
In June, 15,416 ETH were purchased through the "0xdbf" address at an average price of $3,474.
These wallets usually receive ETH from Binance immediately after he deposits stablecoins. Just 24 hours ago, he made a profit of $58 million from these ETH; but now, after the crash, he has lost $66 million.
