It is suspected that Sun Yuchen's address transferred 15,389 ETH from Binance again in the early morning, worth 49.79 million US dollars
According to on-chain analyst @ai_9684xtpa, the whale (suspected to be Sun‘s address) that has increased its holdings by 48,875 ETH since April 17th transferred out another 15,389 ETH from CEX seven hours ago, worth $49.79 million.
Combined with the information that "Sun‘s associated address transferred out $95 million USDT from JustLend in the past three days", it is suspected that he used this portion of stablecoins to purchase ETH. Currently, this whale holds a total of 147,442 ETH, valued at $476 million in total. The average cost of the added holdings is $3,044.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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