News list for "Justin Sun"
On January 22, Sun Yuchen said on X that if the Ethereum Foundation and Ethereum are under its leadership, ETH will rise to $10,000. The plan for the first week is to: 1) immediately stop selling ETH for at least three years, and cover operating costs through AAVE lending, pledged earnings, and stablecoin lending. 2) Impose a heavy tax on all Layer2 projects, ensuring that at least $5 billion of tax is generated annually for the repurchase and destruction of ETH; 3) Streamline the personnel stru...
Commenting on World Liberty Finance's renewed TRX stake, Justin Sun, founder of TRON, said: "The second purchase often has a special symbolic meaning, it is not just a transaction, but a reaffirmation of the original decision. You are selling and the president is buying - it's that simple."
Justin Sun, founder of TRON: The rumors circulating on the Internet about our clearance of Ethereum are not true. This is just our transfer between different wallets. We are still optimistic about the Ethereum ecosystem for a long time.
According to Spot On Chain, in the past seven days, Sun's address has redeemed 39,999 ETH (143 million USD) from Lido Finance and ether.fi, and then deposited it all into HTX. Since Nov. 10, he has deposited 108,919 ETH ($400 million) into HTX as the ETH price started to rise, averaging $3,674, usually near local highs. Currently, he has 42,904 ETH ($139 million) in the process of unpledging from Lido, which may soon be deposited into HTX.
According to the monitoring of Spot On Chain, Sun Yuchen transferred 29,920 ETH to HTX 9 hours ago, worth about 119.70 million US dollars. He bought 392,474 ETH between February and August this year, with a total investment of about 1.19 billion US dollars. At present, the portfolio has a floating profit of about 366 million US dollars, and the yield is 30% (excluding pledge income and airdrop). At the same time, Sun Yuchen also transferred 322,119 EIGEN (about 1.44 million US dollars) and 175,0...
According to Spot On Chain monitoring, 8 hours ago, Sun Yuchen deposited 20,000 ETH ($76.30 million) into HTX, when the ETH price had exceeded $3,800. Since ETH started to rally in early November, he has deposited 41,630 ETH ($145.90 million) into CEX, with 39,000 ETH ($137 million) into HTX and 2,630 ETH ($8.76 million) into Poloniex, at an average price of $3,505.
According to the official announcement, Sun has joined World Liberty Financial (WLFI), a Trump family project, as an advisor. "Sun's insights and experience will help us continue to innovate and grow," WLFI said on the X platform. The announcement comes a day after Justin Sun invested $30 million in WLFI, becoming its largest investor.
TRON founder Justin Sun announced in a post, "Invest $30 million in World Liberty Financial (WLFI) and become its largest investor. The United States is becoming the center of blockchain, thanks to Trump's support for Bitcoin. TRON is committed to making America great again and leading innovation."
According to Onchain Lens monitoring, Sun Yuchen proposed 1.90 billion TRX (about 383 million US dollars), 4.47 million USDT, 50 million USDD, and 5 million USDJ from JustLend DAO 15 minutes ago. In addition, Sun Yuchen transferred 4.50 million USDT to HTX.
According to Spot On Chain, in the recent market rally, Justin Sun appears to be profiting from ETH. 15 hours ago, he deposited his first 19,000 ETH ($60.83 million) into HTX at $3,202. This is part of the 392,474 ETH (estimated cost: $1.19 billion) he received through 3 wallets at an average price of $3,027 between February 8 and August 5. Estimated total profit: $69.36 million (+ 5.69%).
"Thank you for the support, this is a nod from people who run two competing exchanges. We should try to reduce such'quote attacks' in the industry. Bitcoin has never paid any listing fees. Focus on the project, not the exchange," Mr. Sun said. Previously, Sun Yuchen said that Binance never asked him for the listing fee, but Coinbase asked him to pay 500 million TRX and deposit 250 million dollars in BTC custody.
According to Arkham monitoring, it is suspected that Sun Yuchen's related address deposited 3.13 million ETHFI to HTX 15 minutes ago, worth about 5.04 million US dollars. The ETHFI of this address comes from the address 0x7a... 3095 associated with Sun Yuchen's team, or is still controlled by Sun Yuchen's team.
According to on-chain analyst @ai_9684xtpa monitoring, Sun Yuchen can apply for 3,979,336 PUFFER airdrops, which is about $1.43 million at a unit price of $0.36. So far, Sun Yuchen has received more than $54.25 million in project airdrops on the Ethereum ReStaking track, and Zircult/Swell/Kelp is pending settlement.
According to on-chain analyst @ai_9684xtpa monitoring, 1 hour ago, Sun Yuchen's address raised 75 million USDT and 1.18 million TUSD from Binance. At present, 75 million USDT have been deposited in Aave, and the asset value of this address is as high as 648 million
According to Spot On Chain, Justin Sun received 3.62 million EIGEN ($14.10 million) from Eigen Layer's 9.93 million token unlock last night and deposited them all into Binance. Since October 1, Sun has claimed and deposited a total of 8.86 million EIGEN ($35.61 million) into Binance at an average price of $4.02.
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