🚨 Ethereum Under Pressure: Justin Sun Sells $143M ETH 🚨
$ETH has taken a hit, and Justin Sun's recent actions are under scrutiny. 🔍
Sun's Selling Spree:
💰 Justin Sun has sold $143 million worth of ETH in recent weeks, raising concerns among the community.
Massive ETH Deposits:
🏦 He deposited 108,919 ETH (worth $400 million) into HTX.
Unstaking Activity:
🔓 42,904 ETH (worth $139 million) was unstaked from Lido Finance.
Impact on Ethereum:
Price Drop:
📉 ETH has fallen 17% since its recent high, currently trading at $3,304.
Trading Volume Down:
📉 24-hour trading volume has declined by 8.57%.
Bearish Sentiment:
🐻 54% of open trades are short positions.
Community Questions:
❓ Why is Sun selling ETH?
❓ What impact will his actions have on the Ethereum price?
