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Justin Sun: The SUN community plans to carry out the first SUN revenue destruction ahead of schedule

BlockBeats news: On August 28, Justin Sun said on his social platform that because SunPump's revenue was higher than expected, the SUN community plans to carry out the first SUN revenue destruction ahead of schedule. Specific details will be announced later.

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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.
Justin Sun borrowed 99,000 comPs from Compound with the alleged intention of controlling Compound's addition of TUSD as collateral.
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