Justin Sun's ETH holdings are about to reach 700,000

Odaily News According to on-chain analyst Ember's monitoring, Sun Yuchen's holdings of ETH are about to reach 700,000. From December 26, 2023 to date, Sun Yuchen has bought about 421,800 ETH (US$12.67) through 5 addresses in this bull market, with an average price of about US$3,006. In addition to the previous holdings, Sun's total ETH holdings through multiple addresses have reached 698,700 (US$2.215 billion). Most of them (646,900) deposits earn income on major staking/re-staking platforms. Even if calculated at the current annualized rate of 3.2% for ETH PoS staking, the daily interest income is as high as US$180,000 (56.7 ETH).