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A whale address sold $1 million worth of SUN again in the past 2 hours

BlockBeats news, on September 11, according to the monitoring of on-chain data analyst @ai_9684xtpa, a whale address sold $1 million worth of SUN again in the past 2 hours, causing the price of the currency to fall by nearly 3%, and the current price is $0.0246.


JustinSun has previously clarified that the address is not his own address; the price of SUN has fallen by 32% since its last shipment (0.03633 US dollars > 0.02461 US dollars). The address currently still holds 26.04 million SUN, worth $640,000.

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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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