Justin Sun's Ethereum holdings are about to break through 700,000
BlockBeats reports that on July 14, according to EmberCN monitoring, from December 26, 2023 until now, Justin Sun's associated addresses have bought approximately 421.8 thousand ETH (about $1.267 billion) through five addresses in this bull market round at an average price of about $3006.
Adding the previously held amount, Justin Sun currently holds a total of around 698.7 thousand ETH (approximately $2.215 billion) across multiple addresses. The vast majority (646.9 thousand) is deposited on various staking/re-staking platforms to earn income.
The interest earned daily from these 646.9 thousand ETH staked/re-staked for income on platforms is as high as $180k per day (56.7 ETH), even if calculated at the current annualized rate of Ethereum PoS staking at 3.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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