Sun Yuchen invests $146 million into the market, can $ETH soar to break the $4000 barrier?!
Tron's founder Sun Yuchen once again stirred the nerves of the entire crypto community with his extraordinary actions. According to reports, Sun Yuchen's team deposited Ethereum (ETH) worth up to $146 million into a centralized exchange, undoubtedly dropping a massive stone into a calm lake, creating ripples.
Here's the situation: As the price of Ethereum surged 60% in the past month, nearing a high of $3860, Sun Yuchen's team seemed to sense something unusual. They began a massive operation, transferring 41,630 Ethereum in batches to the centralized exchange. This is not just a simple numerical game, but a bold bet on the future trend of the crypto market.
What’s more surprising is that Sun Yuchen did not stop there. In just 8 hours after Ethereum's price broke the $3800 barrier, he deposited another 20,000 Ethereum into the HTX exchange, worth up to $76.3 million. This move undoubtedly sends a strong signal to the market: He, Sun Yuchen, is confident about the future of Ethereum!
Meanwhile, the price trend of Ethereum has also become the focus of attention. Starting from the support area of $3550, Ethereum surged forward, ultimately breaking the $3800 barrier and briefly approaching a high of $3895. This is not just a numerical leap; it is the spark of hope burning in the hearts of countless traders.
Looking at the Ethereum price chart is like watching a warrior climb a peak. Each breakthrough is accompanied by countless sweat and perseverance, while each pullback is like a brief rest, gathering strength for the next sprint. Now, Ethereum stands before the critical challenges of $3920 and $3950. If it can successfully break through these two levels, the $4000 barrier may be just around the corner.
For Sun Yuchen, his extravagant investment of $146 million into ETH, regardless of the final outcome, will undoubtedly leave a significant mark in crypto history.
