Justin Sun’s $1.11B Ethereum Bet: Recent $5M Buy Hints at More to Come

The post Justin Sun’s $1.11B Ethereum Bet: Recent $5M Buy Hints at More to Come appeared first on Coinpedia Fintech News

In an intriguing development, Justin Sun, founder of TRON, allegedly invested 5M $USDT to acquire 1,614 $ETH at approximately $3,097. This purchase adds to a potential accumulation of 362,751 $ETH, worth around $1.11B, since February 8 via three wallets. Moreover, a recent 45M $USDT deposit to Binance by Sun suggests further Ethereum acquisitions could be on the horizon. This strategic maneuvering highlights Sun’s significant presence and influence in the crypto market.