Sun Gehao spent 245 million US dollars, is Ethereum going to take off? ETH leads the altcoin market!
Sun Yuchen has used his big move! He directly spent 245 million US dollars to buy Ethereum to support HTX! That's right, he transferred more than 70,000 Ethereum to the HTX account, which adds up to 244.9 million US dollars. This money did not fall from the sky. Part of it was released from Lido Finance, and the other part was directly transferred from Etherfi.
Since November 10, Sun Yuchen has deposited more than 170,000 Ethereums in HTX, spending a total of 645 million US dollars, with an average of only 3,601 US dollars per coin. Now he still has more than 100,000 STETH, worth about 372.4 million US dollars, and more than 50,000 EETH, worth 195.8 million US dollars.
What's more amazing is that he has unpledged 25,000 Ethereum from Etherfi, worth 87 million US dollars. This fund is really good! Sun Yuchen also came out to dispel the rumors personally, saying that those who said he liquidated Ethereum were nonsense. He just transferred accounts between different wallets and was still very confident in the future of Ethereum.
Sun Yuchen's operation was like a shot of chicken blood for Ethereum. People have to admire his courage and vision.
There must be a leader in the altcoin season! ETH leads a group of altcoins to collectively pull the market.
XRP is not good, DOGE is not good, BGB and HYPER are even worse. They are all individual cases and have no leadership attributes; the altcoin season is about collective riots, track riots, and all kinds of big brothers leading their own brothers to riot against each other.
