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Justin Sun: SUN token destruction plan will be announced soon

BlockBeats news, September 1, Justin Sun wrote yesterday that the destruction of SUN tokens will be announced soon and will become more regular. The team is currently focusing on solving API issues related to revenue data.

"But there is no doubt that 100% of SUN's revenue will be used for destruction, which reflects our core value: everything in the crypto field should stay in the crypto field."

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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.

On-Chain Activity