Justin Sun $119 Million Ethereum Sell-Off – Market Strategy Or Warning Sign?

Quick Summary:

As Ethereum broke past $4,000 on December 7th, one notable crypto personality placed a sell order valued at $119.7 million.

According to on-chain data, Tron’s Justin Sun completed a transfer of 29,920 ETH to HTX as Ethereum continued its impressive run three days ago.

Related Reading: Bitcoin State: Florida Pensions Take $1.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryBahrain

Topics: Crypto News Ethereum Altcoins Crypto ETH Justin Sun Ether

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 10:00:24 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24320253

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 16 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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