TechFlow reported on December 25 that, according to monitoring by Spot On Chain, Justin Sun transferred 70,182 ETH—worth approximately $245 million—to HTX on Christmas Eve. This included 42,905 ETH unstaked from Lido Finance and 27,277 ETH withdrawn from Etherfi.
Since November 10, Justin Sun has deposited a total of 179,101 ETH (around $645 million) into HTX at an average price of $3,601, with most transfers occurring near price peaks. He currently still holds 106,905 stETH (worth about $372 million) and 56,277 eETH (approximately $196 million), with 25,000 ETH (around $87 million) currently in the process of being unstaked from Etherfi.
Previous report: Justin Sun posted on X, stating, "The rumors circulating online about us dumping ETH are false. This is merely a transfer of ETH between our own wallets. We remain long-term bullish on the Ethereum ecosystem."
