Justin Sun transfers $96.7 million in Ethereum to HTX exchange
Tron founder Justin Sun continues to transfer Ethereum to the HTX exchange, transferring 29,153 Ethereum units worth $96.7 million to the exchange in the past 11 hours.
According to blockchain data, he has deposited 227,000 Ethereum units, worth approximately $807 million, into HTX since November 10.
In addition, Sun has removed 96,580 Ethereum units worth $322.7 million from the Lido Finance and Etherfi platforms, raising concerns about the possibility of a mass sell-off.
While Sun described these movements as βnormal wallet management practices,β the price of Ethereum fell under selling pressure, falling 1.38% to $3,340. 2 replies
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