It is suspected that Justin Sun's wallet may have increased its holdings by nearly 300,000 ETH in the past two months
According to Lookonchain monitoring, a wallet suspected to belong to Justin Sun has deposited 787 million USDT into Tron from CEX since March 31. Also on March 31, a mysterious wallet was created on Ethereum and withdrew stablecoins worth $96.8 million from CEX. Subsequently, this mysterious wallet began purchasing ETH from CEX and DEX, buying a total of 127,388 ETH ($405.19 million) at a price of $3,172 each. From February 12 to February 24, the Justin Sun's wallet purchased 168,369 ETH ($487 million) at a price of $2,894 each from CEX and DEX. The trading behaviors of these two wallets are very similar and likely both belong to Justin Sun. If so, then since February 12th , Justin Sun has bought a total of 295757 ETH (891million USD) with an average price of $3014 per coin from CEX and DEX.
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