As the crypto market experienced intensified selling pressure, Justin Sun, the founder of Tron, made strategic moves with massive Ethereum (ETH) transactions. Over the past 24 hours, Sun deposited $320.4 million worth of Ethereum and restaking tokens on HTX, fueling speculation about his tactical trading approach.
Details of Sun’s Transactions
According to Spot Onchain data, Sun transferred 96,591 ETH (approximately $316 million), 1.864 million ether.fi (ETHFI) tokens ($3.54 million), and 260,728 EIGEN tokens ($832,000) to HTX within 13 hours. The deposits were made at an average price of $3,275 per ETH, reflecting a premium over his earlier accumulation cost of $3,036 per ETH.
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