{"id":604522,"date":"2024-04-22T23:00:17","date_gmt":"2024-04-22T23:00:17","guid":{"rendered":"https:\/\/ktsl888.com\/?p=604522"},"modified":"2024-04-22T23:00:36","modified_gmt":"2024-04-22T23:00:36","slug":"ethereum-whale-goes-on-127000-eth-buying-spree-was-it-justin-sun-again","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-whale-goes-on-127000-eth-buying-spree-was-it-justin-sun-again\/","title":{"rendered":"Ethereum Whale Goes On 127,000 ETH Buying Spree, Was It Justin Sun Again?"},"content":{"rendered":"

Reports show that a new Ethereum (ETH) whale has been on a buying spree recently. This whale bought over $405 million worth of ETH since March 31 and is suspected to be Tron founder Justin Sun. Sun is also linked to another address that made massive ETH moves this year.<\/p>\n

Related Reading: 3 Major Metrics To Watch Out For That Can Impact Ethereum Prices<\/a><\/div>\n

A New Whale On The Horizon, Is It Justin Sun?<\/h2>\n

The blockchain research platform Lookonchain revealed that a whale has gone on an Ethereum buying frenzy over the past few weeks. The newly created account started buying ETH from crypto exchanges on March 31.<\/p>\n

According to the post, the mysterious wallet first withdrew $96.8 million stablecoins from the crypto exchange Binance. Then, the whale started buying Ethereum from Binance<\/a> and Decentralized Exchanges (DEX).<\/p>\n

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Did #JustinSun<\/a> buy 127,388 $ETH<\/a>($405.19M) since Apr 8?<\/p>\n

The wallet suspected of being #JustinSun<\/a> has deposited 787M $USDT<\/a> to #Binance<\/a> on #Tron<\/a> since Mar 31.<\/p>\n

Also on Mar 31, a mysterious wallet was created on #Ethereum<\/a> and withdrew $96.8M stablecoins from #Binance<\/a>.
Is this a\u2026
pic.twitter.com\/OcEovodUrc<\/a><\/p>\n

— Lookonchain (@lookonchain) April 22, 2024<\/a><\/p><\/blockquote>\n