The suspected Justin Sun wallet has purchased 295,757 ETH from Binance and DEX since February 12

2024-04-22 12:00:10

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According to ChainCatcher news, monitored by Lookonchain, a wallet suspected to belong to Justin Sun has deposited 787 million USDT into Tron from Binance since March 31. On the same day, a mysterious wallet was created on Ethereum and withdrew stablecoins worth 96.8 million USD from Binance.

Subsequently, the mysterious wallet began purchasing ETH from Binance and DEX, totaling 127,388 ETH (405.19 million USD) at a price of 3,172 USD. The Justin Sun wallet purchased 168,369 ETH (487 million USD) from Binance and DEX between February 12 and February 24 at a price of 2,894 USD. The trading behaviors of these two wallets are very similar, and they likely both belong to Justin Sun.

If this is the case, then since February 12, Justin Sun has purchased a total of 295,757 ETH (891 million USD) from Binance and DEX at an average price of 3,014 USD.

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