Tron’s Justin Sun Cashes Out $70 Million After Ethereum Rally, What’s Next?

Quick Summary:

After the Ethereum price registered a strong 29% gain moving to $3,200 over the past week, Tron founder Justin Sun cashing out part of his ETH investment.

Investors are waiting on the edge to see how the largest altcoin react to these developments.

Reportedly, dormant ETH whales have also turned active by offloading their holdings.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: Ethereum whales Justin sun Ethereum (ETH) Tron founder 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 05:23:12 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 676 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 16 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23508911

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 4 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 17 hours ago

Coverage Areas: India

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