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Justin Sun currently holds 665,000 ETH, of which 390,000 were purchased between the end of 2023 and the end of April this year

Justin Sun currently holds 665,000 ETH, of which 390,000 were purchased between the end of 2023 and the end of April this year

Bitget2024/05/21 05:16

According to on-chain analyst Yu Jin, Justin Sun currently holds 665,000 ETH ($2.0447 billion), of which 390,000 ETH ($1.0435 billion) were purchased at an average price of $2,984 between the end of 2023 and the end of April this year; 

1. From December 26th, 2023 to January 5th, he withdrew 17,883 ETH ($40.45 million) from CEX via address starting with "0x9fc...9fe" at an average price of $2,262;
 
2. From February 8th to February 25th , he bought in a total of173,863 ETH($525.24 million) through withdrawals from CEX and on-chain purchases via address starting with "0x7a9...095", at an average price of $2869;

3.From April first to April twenty-fifth ,he bought in a total amounting up to176117ETH(552million dollars )through Binance withdrawal +on chain purchase method using the address beginning with '0x435..7cb'at an average cost per unit being3138dollars.

4.Between27April-29April,via '0x205..621'address,a sum total amounting up to22316ETH (72380000dollars )was withdrawn from Binance.The mean cost per unit was3244dollars.

Out these665000ETH coins247000are stored in wallets while417000exist as stakes or re-stakes across different platforms:215217ETH→EigenLayer;120139ETH→Swell;58558ETH→Puffer;23225ETH→Lido ;454 ETH → etherfi.

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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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