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Justin Sun withdraws 14,884 ETH from CEX, equivalent to US$35.97 million

BlockBeats news, on August 6, according to spotonchain monitoring, Justin Sun's address withdrew 14,884 ETH (about 35.97 million US dollars) from Binance 10 hours ago.

This brings the total amount of ETH he has accumulated since February to 392,474 (estimated cost: 1.19 billion US dollars, current value: 995 million US dollars).

It is worth noting that Justin Sun has also deposited 49 million USDT in HTX in the past 3 days.

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Justin Sun borrowed 99,000 comPs from Compound with the alleged intention of controlling Compound's addition of TUSD as collateral.
1. Justin Sun has participated in multiple Ethereum re-staking projects, including Swell L2, Ether.Fi, EigenLayer, and Puffer Finance. 2. Justin Sun deposited 120,000 eETH worth $376 million into Swell L2, accounting for 46.6% of Swell L2's total deposits. 3. Justin Sun has purchased a total of 323,799 ETH worth approximately $1.0248 billion through CEX withdrawals and on-chain purchases in 6 months, with an average price of $2,942. 4. Justin Sun's crypto wallet holds a total value of approximately $4.165 billion in crypto assets, ranking first in the personal on-chain crypto asset holdings. 5. Justin Sun's large-scale investment in Ethereum has triggered speculation that market sentiment may shift positively, which may drive Ethereum prices into a recovery phase.
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