Tron (TRX) founder Justin Sun draws attention with his altcoin moves. At this point, Sun, who has invested in many altcoins, has accumulated Ethereum for a long time.
After this accumulation, Sun, who sells ETH at regular intervals, made another sale.
According to a Spot On Chain post, Justin Sun has deposited a significant amount of ETH to crypto exchange HTX. Accordingly, Sun moved an additional 96,591 ETH worth $320.4 million.
On-chain data also shows that Sun has deposited 323,591 ETH worth $1.12 billion into HTX at around $3,472 since Nov. 10. He accumulated most of these ETH in the first half of 2024 at an average of $3,036.
Finally, Justin Sun invested 96,591 ETH worth $320.4 million into HTX, along with 1.864 million ETHFI worth $3.54 million and 260K EIGEN worth $832,000.
Justin Sun (@justinsuntron) deposited $320.4M worth of $ETH and #restaking tokens, $ETHFI and $EIGEN, to #HTX in the past 13 hours, including:
• 96,591 $ETH ($316M) at ~$3,275
• 1.864M $ETHFI ($3.54M) at ~$1.9
• 260,728 $EIGEN ($832K) at ~$3.191Overall, since Nov 10, he has… https://t.co/58uC0M1k2i pic.twitter.com/oMNbWZsbem
— Spot On Chain (@spotonchain) January 13, 2025
Justin Sun had previously stated that he did not sell ETH, explaining that the transfers he made to HTX were simple ETH transfers between different wallets.
*This is not investment advice.
