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TechFlow reported on August 5 that due to Ethereum's decline of over 20%, Justin Sun has incurred losses amounting to $280 million. Since February 8, 2024, he has accumulated 377,590 ETH across three wallets, with an estimated cost basis of $1.15 billion. However, the current trading price of ETH is significantly below his average purchase price of $3,051. Despite this, Justin Sun has not yet been liquidated.
According to Spot On Chain monitoring, due to Ethereum's decline of over 20%, Justin Sun has incurred losses amounting to $280 million. Since February 8, 2024, he has accumulated a total of 377,590 ETH across three wallets, with an estimated cost of $1.15 billion. However, the current trading price of ETH is significantly below his average purchase price of $3,051. Despite this, Justin Sun has not yet been liquidated.
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