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Why Justin Sun acquires Ethereum

时间:2024-04-22|浏览:255

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Hi Guys,

It's Big & Big Question #alert About $ETH !

Why is Justin Sun buying Ethereum?

With the two wallets stacking up a total of 295,757 ETH valued at $891 million at an average price of $3,014, it becomes obvious that the whale might know something.

For Justin Sun, huge trades linked to him are typically justified as a way to spread liquidity across his various business ventures. There arerelated trades featuring Shiba Inu (SHIB), as Sun is ranked as one of the biggest whales holding Shiba Inu at a time.

While Ethereum remains the de facto smart contract pioneer with a robust DeFi ecosystem, the Justin Sun trades are essentially further proof that the ecosystem leads in terms of liquidity influx.

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