Justin Sun: Holds over $500 million in FDT but is unable to withdraw

BlockBeats News, April 3rd, Justin Sun stated in his livestream, "We hold over 500 million US dollars in FDT, but are unable to withdraw. Their actions have already violated the law, and I believe the court will provide a fair judgment. I am certain that FDT is now insolvent."

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Justin Sun’s on-chain operations: Keen on participating in EigenLayer and Swell staking, and purchasing a large amount of ETH

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