The 45 million USDT that Sun Yuchen transferred into Binance on July 10th has all been converted into ETH and withdrawn to the address
According to PANews on July 14, as monitored by on-chain analyst Yu Jin, the 45 million USDT that Sun Yuchen transferred into Binance on July 10 has been converted into 14,436.3 ETH and withdrawn back to his address. On July 10, Sun Yuchen withdrew 50 million USDT from Aave, of which he transferred 45 million into Binance and used the remaining five million to buy ETH directly on-chain. Last night, Sun Yuchen withdrew 14,436.3 ETH (worth $45 million) from Binance, indicating that all of the aforementioned $45 million USDT had been fully converted into ETH.
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