Crypto News – Recently, it was discovered that a wallet thought to belong to Tron founder Justin Sun had spent a sizable sum of Ethereum.
Could the Wallet Owner in Justin Sun and Suspicious Wallet News be the Tron Founder?
According to reports from Lookonchain, in the last 12 hours, 13,780 ETH—worth roughly $41.24 million—were shockingly acquired from cryptocurrency exchange Binance. In just two weeks, this deal brings the total number of significant acquisitions to 168.369 ETH, or almost $487 million. These transactions are becoming more common and have drawn interest from people in the Bitcoin community.
After making millions of dollars’ worth of purchases on February 21 and 19, the suspected wallet acquired 18,616 ETH ($54.57M) on February 23 alone. With Ethereum‘s value breaking $3,000 and continuing on a strong upward trajectory, these acquisitions align with the cryptocurrency’s amazing rise in value. Nonetheless, Justin Sun has not attested to his participation in these deals.
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