Suspected Justin Sun wallet has bought 295,757 ETH from Binance and DEX since February 12
Lookonchain monitoring shows that a wallet suspected to belong to Justin Sun has deposited 787 million USDT into Tron on Binance since March 31. Also on March 31, a mysterious wallet was created on Ethereum and extracted stablecoins worth $96.8 million from Binance. Subsequently, the mysterious wallet began to purchase ETH from Binance and DEX, totaling 127,388 ETH ($405.19 million) at a price of $3,172. Justin Sun's wallet purchased 168,369 ETH ($487 million) from Binance and DEX between February 12 and February 24 at a price of $2,894. The transaction behavior of these two wallets is very similar and is likely owned by Justin Sun. If so, since February 12, Justin Sun has purchased a total of 295,757 ETH ($891 million) from Binance and DEX at an average price of $3,014.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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