Ethereum seems to be entering into a selling week, with its prices plummeting and many influential members of the crypto community selling off their Ethereum holdings.
One of which was Tron's founder, Justin Sun, who sent 70,182 Ethereum, which is worth $244.9 million on Christmas eve on Christmas Eve to HTX.
This got the community buzzing with questions: Why is he offloading so much ETH? Is there a hidden agenda behind these moves?
Since November 10, Justin Sun has deposited 108,919 ETH-worth around $400 million- into HTX, according to blockchain data from Spot on Chain. Most of these deposits happened when Ethereum's prices were near its recent highs, averaging $3,674 per ETH.
In addition, Sun recently unstaked 42,904 ETH from Lido Finance, valued at $139 million. There's speculation he may move these funds to HTX as well. Such large transactions are putting pressure on Ethereum's prices and the market is feeling the heat.
After a period of silence, Justin Sun has finally came out to address the recent report of his selling off his Ethereum holdings.
In a statement shared on his X (formerly Twitter) account, Sun refuted these claims, clarifying that the recent transfers were not liquidations but inter-wallet movements. He emphasized that such routine movements should not be misconstrued as sell-offs or market exits.
Justin Sun also stated that he is still optimistic about the future of Ethereum and he believes Ethereum will still continue to grow.
The speculation surrounding Sun’s transactions comes at a challenging time for Ethereum, which continues to struggle with price stability.
After failing to breach the $4,000 resistance level, ETH has been falling steadily, only just recently gaining 2.91% in the past day. Yet it remains 14.8% down on the seven-day chart and 0.07% on the 30-day chart.
While near-term prospects remain uncertain, Sun’s unwavering confidence in Ethereum’s long-term potential could be the light at the end of this very dark tunnel for Ethereum.
As a prominent figure in the cryptocurrency space, Sun’s endorsement of Ethereum could bolster investor sentiment despite the current challenges it is facing.
Dalam episode terbaru 'Family Guy', kekacauan mata uang kripto terjadi selama sesi terapi Meg, menambahkan sentuhan humor pada pasar kripto yang sering kali tidak dapat diprediksi. Penyebutan Bitcoin secara berulang-ulang dalam acara ini sejalan dengan lonjakan harga mata uang kripto yang lebih luas, yang mencerminkan minat dan ekspektasi yang terus meningkat di pasar.
Huang BoIBM, yang merupakan pemimpin dalam bidang perangkat lunak dan konsultasi TI, membuat gelombang di dunia web3 dengan memperkenalkan Hyper Protect Offline Signing Orchestrator.
AaronDogecoin, mata uang meme favorit yang terinspirasi dari anjing di internet, mungkin siap untuk memainkan peran penting sebagai opsi pembayaran di X (sebelumnya Twitter).
AaronKomisi Sekuritas dan Bursa AS (SEC) telah memperpanjang periode evaluasi untuk perubahan aturan yang diusulkan NYSE Arca, yang bertujuan untuk mendaftarkan saham Grayscale Ethereum Trust sebagai produk yang diperdagangkan di bursa.
AaronUnit Investigasi Kriminal Internal Revenue Service dilaporkan bergulat dengan lonjakan kasus penggelapan pajak terkait kripto
AaronSquare Enix, yang terkenal dengan franchise Final Fantasy-nya, mengambil langkah berani ke dunia NFT dengan Symbiogenesis, proyek game blockchain-nya. Debut para pahlawan NFT Ethereum menarik perhatian, tidak hanya karena ciri-ciri digital mereka yang unik tetapi juga karena nama mereka yang khas.
AaronRobinhood berbagi dalam pengajuan SEC bahwa perdagangan crypto mengalami peningkatan 75% di bulan November dibandingkan dengan bulan sebelumnya
AaronDengan lonjakan popularitas mata uang kripto, aplikasi ponsel pintar yang melayani para penggemar kripto berkembang pesat. Di antara mereka, StormX menonjol karena pendekatannya yang khas.
EdmundSteven Nerayoff, seorang penasihat Ethereum awal, dengan keras menyangkal tuduhan penipuan yang dibuat oleh Cryptoking di media sosial, yang memicu ancaman hukum dan tuntutan balik, sementara Nerayoff tetap fokus untuk memajukan "Crypto 2.0."
JasperPenjualan Kembali NFT EthBoy: Mencapai $400 ribu, Melampaui Nilai Asli dan Menandakan Tonggak Sejarah dalam Evolusi NFT
JixuJustin Sun denies involvement in recent crypto market liquidations amid a significant market drop and heightened volatility.
Edmund根据 Liquid Collective 和 Obol 的一份新报告，以太坊在 2025 年的 Pectra 升级带来了重大风险，包括对客户端、运营商和云多样性的担忧。
JinseFinanceSEC accuses TRON founder Justin Sun of selling unregistered securities, highlighting regulatory challenges in the crypto sector. Sun pledges cooperation while TRON continues development. Case underscores need for regulatory clarity and impacts industry practices and future regulations.
Xu LinJustin Sun-linked wallet buys $41.24M Ethereum from Binance. Speculation surrounds Sun's involvement. Ether surges, Sun gains prominence.
Xu LinHTX and HTX DAO have successfully recovered from a DDoS attack, with services fully restored within 15 minutes. Despite previous security challenges, the exchange remains vigilant in ensuring the security and integrity of its platform.
BerniceCircle menyampaikan surat publik kepada Senator Elizabeth Warren, D-Mass, dan Ketua Sherrod Brown, D-OH, yang menyangkal klaim bahwa Justin Sun membiayai Hamas.
OliveSun mengatakan peraturan itu sehat untuk ranah crypto dan menambahkan bahwa TRON bersedia bekerja sama dengan anggota parlemen di tingkat global.
CryptoSlateJustin Sun menyetujui daftar token Utang Pengguna FTX (FUD) di Huobi Global dengan mengklaim bahwa FUD adalah "aset utang FTX berkualitas tinggi.
CryptoSlateSidang kebangkrutan FTX dimulai hari ini di Delaware.
BeincryptoDiplomat dan pendiri jaringan TRON, Justin Sun, membenarkan bahwa salah satu alamatnya diblokir untuk menggunakan ...
Bitcoinist