- Justin Sun’s potential new address buys 16,236 ETH.
- The average purchase price was $2,279 per ETH.
- The address was created 3 hours ago, withdrawing $38M USDT from HTX.
- Similar transaction patterns suggest it’s likely Justin Sun’s address.
In a noteworthy development, a new address, potentially linked to Justin Sun, has made a significant move in the crypto market. Over the past three hours, this address spent $37 million USDT to purchase 16,236 ETH at an average price of $2,279 each.
New Address Activity
This new address was created just three hours ago, immediately withdrawing $38 million USDT from HTX. Shortly after, it used $37 million USDT to acquire 16,236 ETH. The transaction patterns closely resemble those of addresses previously known to be used by Justin Sun for similar purchases.
Evidence Suggesting Justin Sun’s Ownership
- Recent USDT Transfers: In the past two days, Justin Sun has moved $210 million USDT into HTX, signaling a readiness to make substantial trades.
- Large Withdrawals from HTX: The USDT used in these purchases was withdrawn in large sums from HTX, consistent with Sun’s typical trading behavior.
- Consistent Transaction Patterns: The operational behavior of this address matches previous addresses used by Justin Sun for purchasing ETH, strengthening the likelihood of it being his.
