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Tron founder Justin Sun has moved a massive 70,182 Ethereum (ETH)—worth approximately $244.9 million—to his crypto exchange HTX, coinciding with Ethereum's holiday price rebound.
🌟 Key Details:
Source of Funds:
Lido Finance: 42,905 ETH unstaked.
EtherFi: 27,277 ETH.
Reason: Sun clarified that the transfers are for internal operations and wallet liquidity rebalancing, dismissing concerns of offloading ETH.

📈 Market Impact:
As the transfer occurred on Christmas Eve, Ethereum entered a "Santa rally", rising 2.63% to $3,490.82, with a 24-hour high of $3,535. Analysts speculate this may mark the final dip before Ethereum's climb to five-digit levels during the ongoing bull market.

Sun reaffirmed his commitment to the Ethereum ecosystem and his long-term bullish stance on the protocol.#BTC走势分析 #bnb #ETH #TRON✅ $ETH #TrendingTopic
$TRX

Justin Sun and the CoinDesk Article Dispute
Justin Sun's team reportedly reached out to Bullish, the owner of CoinDesk, requesting the removal of an article describing the incident where Sun ate the world's most expensive banana. The article, published in late November, detailed how Sun consumed an art piece by Maurizio Cattelan valued at $6.2 million.
Request to Remove the Article
According to a report by Fortune on December 18, Sun's team disagreed with the tone of the article and asked Bullish, which acquired CoinDesk for $75 million, to have it removed. The article was titled:
“I Watched Justin Sun Eat the World’s Most Expensive Banana. I Don’t Get It.”
Sun’s team found the content inappropriate and contacted Bullish to demand its removal.
Resistance from CoinDesk
The CoinDesk editorial team opposed the removal of the article. During an internal meeting, they demanded that the piece be reinstated with an editor’s note. However, the article is no longer available on the CoinDesk website, though it remains accessible on Yahoo News.
Previous Legal Disputes and CoinDesk's Independence
The article noted that Sun’s legal team had previously threatened legal action against media outlets linking the Tron blockchain to illegal activities. Interestingly, Tron is one of the primary sponsors of the CoinDesk Consensus conference series, raising questions about editorial independence.
Bullish and Leadership Changes at CoinDesk
According to the report, Bullish CEO Tom Farley, CoinDesk Editor-in-Chief Kevin Reynolds, and Justin Sun’s spokesperson all declined to comment on Fortune's findings. Additional sources stated that Matt Murray, Chairman of the CoinDesk Editorial Board, resigned on December 16 but did not respond to requests for comment.
In 2023, Bullish acquired CoinDesk from Digital Currency Group. This acquisition sparked concerns about the potential impact on the platform’s editorial independence. Following the acquisition, former Wall Street Journal Editor-in-Chief Matt Murray was appointed Chairman of the CoinDesk Editorial Board.
Conclusion
The dispute between Sun’s team and CoinDesk highlights tensions between media independence and commercial interests. The request to remove the article has raised concerns about press freedom and emphasized the importance of transparency in the relationship between media platforms and their owners.

#JustinSun , #TRON✅ , #BANANA , #CryptoNewss , #CryptoNewsCommunity

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

► The TOTAL TRANSFER volume on the #TRON Network has surpassed $15 TRILLION.
► The TOTAL transactions on @TRON DAO exceeded 9.2 BILLION.
► #TronDAO now has over 278M TOTAL ACCOUNTS.
► Over the last 30 days, the average daily active accounts on #TronNetwork are 2.87M.
► The GLOBAL DAILY active user count in crypto is at all-time highs of 18.7 million.
► 2.8 million of them use #TRON✅ every day.
► It means 6.7% of the TOTAL CRYPTO TRANSACTION is happening on the TRON network.
DON'T FADE WE CAN SAW MASSIVE RALLY IN Q1 2025 👀📈

TRON founder Justin Sun has requested the withdrawal of 52,905 ETH from Lido Finance, valued at $209 million. This transaction has drawn attention as historical data suggests it could impact Ethereum (ETH) prices.
Strategic ETH Accumulation and Massive Gains
Sun's withdrawal request is part of a broader ETH accumulation strategy. Reports indicate that Sun has purchased a total of 392,474 ETH at an average price of $3,027, currently yielding an estimated $349 million profit.
This is not the first time Sun has executed a significant withdrawal.On October 4, 2023, Sun withdrew 80,253 ETH worth $131 million and transferred it to Binance within four days. This action led to a 5% drop in ETH prices.
Analysts now speculate whether Sun intends to repeat a similar move—transferring the withdrawn assets to exchanges for potential sell-offs.

The Importance and Vulnerability of Lido Finance
The $209 million withdrawal highlights Lido Finance's critical role in Ethereum's Proof-of-Stake (PoS) infrastructure. Lido is a key liquid staking protocol that allows users to stake ETH while remaining liquid through tradable stETH tokens.
Lido secures over 30% of all staked ETH on the Ethereum network, making it a cornerstone of the PoS ecosystem.Large withdrawals, such as Justin Sun's, raise concerns about liquidity and potential market impacts.
Historical Example: On August 5 this year, similar large-scale withdrawals, likely executed by whales, drove the price of ETH down from $3,317 to $2,419. This demonstrates that while Lido enhances flexibility with liquid stETH tokens, sudden withdrawals expose a critical vulnerability in staking protocols.

Impact of Large Withdrawals and Market Balance
Withdrawals from Lido are not instantaneous, as they must pass through Ethereum's staking queue. However, significant moves like Sun's can signal major market shifts. Should other large stakeholders follow suit, it could create an imbalance between staked and unstaked assets.
Diversification into EIGEN Token
In addition to withdrawing ETH, Sun also deposited $964,000 worth of EIGEN tokens on the HTX exchange. EIGEN is the native token of EigenLayer, a protocol that enhances blockchain security by enabling collateral restaking and protection against intersubjective faults.
This move indicates Sun's intention to diversify liquidity across established tokens like ETH and riskier tokens with high growth potential.
Conclusion
Justin Sun's withdrawal of $209 million in ETH from Lido Finance is a significant event that may influence Ethereum's market dynamics. Large withdrawals not only highlight the vulnerability of liquid staking protocols but also emphasize the importance of monitoring market movements and the actions of major investors.

#JustinSun , #TRON✅ , #etherreum , #CryptoMarketMoves , #cryptowhales

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Let's get started on Justin Sun, the founder of Tron. #Bttc

Justin Sun: The Founder of Tron
Justin Sun is a Chinese entrepreneur and businessman, best known as the founder of Tron, a decentralized entertainment ecosystem.

Early Life and Education
Justin Sun was born on July 30, 1990, in Xining, Qinghai, China. He graduated from Peking University, where he studied history. Sun also attended the University of Pennsylvania, where he earned a master's degree in East Asian studies.

Career
Justin Sun started his career in the tech industry, working for companies such as Ripple and Peiwo. In 2017, he founded Tron, which aimed to create a decentralized entertainment ecosystem.

#TRON✅
Tron is a blockchain-based platform that allows users to create, share, and monetize digital content. The platform uses a token called #TRX/USDT❤️ TRX, which is used to pay for transactions and services on the network.

Controversies
Justin Sun has been involved in several controversies throughout his career. One of the most notable controversies was the acquisition of BitTorrent, a popular peer-to-peer file sharing platform. Sun was accused of using Tron's funds to acquire the company, which led to a lawsuit.

Philanthropy
Justin Sun is also known for his philanthropic efforts. In 2019, he donated $1.1 million to the Binance Charity Foundation, which aimed to support education and disaster relief efforts.

Conclusion
Justin Sun is a successful entrepreneur and businessman, known for founding Tron and creating a decentralized entertainment ecosystem. While he has been involved in several controversies, Sun remains a prominent figure in the blockchain and cryptocurrency industries.

$TRX
.....

The cryptocurrency market is abuzz as TRON ($TRX ) gains significant bullish momentum. Over the past 24 hours, has surged by 7.25%, currently trading at $0.289. This upward movement suggests that the coin is primed for a potential breakout, attracting the attention of traders looking to capitalize on its next big move.

Why $TRX Could Be on the Verge of a Rally

Recent price action highlights $TRX ’s bullish pattern, with the chart suggesting continued upward momentum. Key resistance at $0.308 serves as a critical level to watch. A breakout above this point could ignite a strong rally, with the next price targets set at $0.320 and $0.330—two levels where further upward movement is anticipated.

Ideal Trade Setup for $TRX

Traders looking to leverage this momentum can consider the following trade strategy:

Long Entry: Enter at $0.299 to take advantage of the ongoing bullish trend.

Target Levels: Set profit targets at $0.320 and $0.330, where price resistance may emerge.

Stop Loss: Place a stop loss at $0.290 to manage risk in case the market reverses. This level offers a balance between minimizing losses and allowing room for price fluctuations.

Key Considerations for Traders

Bullish Sentiment: The current surge and price pattern indicate strong market optimism for $TRX . If the price breaks $0.308, a sustained rally could follow.

Support Level: Traders should watch $0.290 closely. A dip below this level could signal a reversal, necessitating swift adjustments to trading strategies.

Conclusion

TRON ($TRX ) is demonstrating strong momentum, providing a promising opportunity for short-term gains. Entering at $0.299 with targets at $0.320 and $0.330, while setting a stop loss at $0.290, offers a prudent approach to capitalize on the anticipated breakout while managing downside risks.

As always, successful trading requires vigilance and adaptability. Stay informed on market movements and be prepared to adjust your strategy as needed. With careful planning and risk management, could be an excellent addition to your trading portfolio in the short term.

Happy trading!

🔸 In a significant move for the Tron Network, the community has approved a proposal to adjust the total energy allocation to 180 billion TRX. This decision marks a pivotal moment for the platform, known for its focus on decentralized applications and blockchain technology. By understanding the implications of this adjustment, stakeholders can better grasp how it may influence the network's future development and user engagement.
🔶 Understanding the Proposal: What Does It Entail?
The approved proposal to increase the total energy supply to 180 billion TRX aims to enhance the overall efficiency and usability of the Tron Network. Energy is a critical resource within the Tron ecosystem, facilitating transactions and the execution of smart contracts. By raising the energy cap, the Tron community hopes to reduce congestion, lower transaction costs, and improve user experiences.
The adjustment reflects a proactive approach to address the growing demand for resources on the platform, especially as more developers and users flock to Tron for its robust infrastructure and user-friendly features.
🔶 The Rationale Behind the Adjustment
One of the driving forces behind this proposal is the significant growth in the Tron ecosystem. As the network attracts more decentralized applications (dApps) and users, the existing energy supply has been stretched thin. The adjustment to 180 billion TRX is intended to provide more flexibility and capacity, ensuring that transactions can be processed smoothly even during peak periods.
Furthermore, this move aligns with Tron's broader vision of becoming a leader in the blockchain space. By enhancing its resource allocation, Tron positions itself as a viable alternative to other blockchain platforms, such as Ethereum, that have historically faced scalability issues.
🔶 Implications for Developers and Users
For developers, the increase in energy supply could lead to a more vibrant environment for building and launching dApps. With more energy available, developers can deploy complex applications without the fear of energy shortages or escalating costs. This could spur innovation and creativity, encouraging more projects to choose Tron as their preferred blockchain platform.
For users, the adjustment promises a more seamless experience. Lower transaction fees and reduced latency can significantly enhance the usability of dApps, making them more appealing to a broader audience. As Tron continues to attract new users, the platform’s growth could accelerate, fostering a thriving community.
🔶 A Step Towards Sustainability
The decision to adjust total energy is also indicative of Tron's commitment to sustainability. By increasing the energy cap, the network aims to create a more efficient system that minimizes waste and maximizes performance. This move could help Tron stand out in a landscape where environmental concerns are becoming increasingly prominent, particularly in the crypto space.
Moreover, the Tron Foundation has been actively exploring initiatives aimed at reducing the ecological footprint of blockchain operations. By improving energy management, Tron not only addresses immediate operational needs but also aligns with global sustainability goals.
🔶 Community Engagement and Governance
The approval of this proposal is a testament to the active engagement of the Tron community. Decentralized governance is a cornerstone of the Tron ecosystem, allowing stakeholders to voice their opinions and influence decisions that affect the network. The successful vote reflects a collective vision for the future of Tron, emphasizing collaboration and transparency.
This engagement fosters a sense of ownership among community members, reinforcing their commitment to the platform's growth and development. It also sets a precedent for future governance initiatives, showcasing how community-driven decisions can lead to impactful changes.
🔶 Looking Ahead: The Future of Tron Network
As the Tron Network moves forward with its new total energy allocation, the potential for growth and innovation is significant. With a more robust infrastructure in place, Tron is well-positioned to capitalize on emerging trends in the blockchain space, including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming.
Additionally, as the network continues to evolve, ongoing community involvement will be crucial. Stakeholders must remain engaged and proactive in shaping Tron's direction, ensuring that it adapts to the ever-changing landscape of blockchain technology.
🔶 Conclusion: A Bold New Chapter
The approval of the proposal to adjust total energy to 180 billion TRX marks a bold new chapter for the Tron Network. With increased capacity and enhanced user experiences on the horizon, the platform is poised for significant growth. By prioritizing sustainability, community engagement, and innovation, Tron is set to solidify its position as a leading player in the blockchain ecosystem. As the network continues to evolve, its journey will be one to watch closely.#BTCReboundsAfterFOMC #EIGENonBinance #BinanceLaunchpoolHMSTR #TRON✅