Holding over 243,000 ETH, Justin Sun redeems 5,000 ETH, surpassing the Ethereum Foundation in holdings ranking
According to Odaily, on-chain analyst Ai Yi has monitored that Justin Sun redeemed 5,000 ETH from Lido. Of these, 3,500 ETH were sent to an exchange and then entered a hot wallet address, with the specific purpose unknown. The remaining 1,500 ETH were deposited into Morpho. Justin Sun still holds more than 243,000 ETH on-chain, valued at over $600 million, ranking 4th among ETH holding entities, with a holding amount surpassing that of the Ethereum Foundation.
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.
You may also like
Strategy buys 1,665 Bitcoin for $143M as BTC stack hits 847,666
MongoDB CEO Stepping Down to Pursue Senior Role at Meta
BUZZ - After last week's Muse-driven surge, Meta shares have pulled back.
Crypto prices
More
