{"id":134483,"date":"2024-07-30T16:00:14","date_gmt":"2024-07-30T13:00:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134483"},"modified":"2024-07-30T14:15:21","modified_gmt":"2024-07-30T11:15:21","slug":"justin-sun-moves-ethereum-sparking-selloff-speculation","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/","title":{"rendered":"Justin Sun Moves Ethereum, Sparking Selloff Speculation"},"content":{"rendered":"<p>This action has led to predictions of a possible significant selloff.<\/p>\n<p>Sun recently <strong><a href=\"https:\/\/x.com\/PeckShieldAlert\/status\/1818175726333603869\" target=\"_blank\" rel=\"nofollow\">unstaked<\/a><\/strong> 1,768 ETH, valued at around $5.9 million, according to Peck Shield Alert. He then transferred 810 ETH, worth about $2.7 million, to Poloniex.<\/p>\n<p>This move follows a notable price drop in early July, when <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> fell by 10%, impacting the global crypto market cap and leading to a significant loss for Sun.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/insights-into-evaluating-early-stage-crypto-tokens\/\" title=\"Insights into Evaluating Early-Stage Crypto Tokens\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/08\/tradingggggdeskkk-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Insights into Evaluating Early-Stage Crypto Tokens<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Between February and June 2024, Sun acquired a large volume of Ethereum, totaling 361,137 ETH. His investments were made at various prices, with a notable profit of $58 million just before the July market dip.<\/p>\n<p>However, the sudden decline turned these gains into a $66 million loss as Ethereum\u2019s price dropped below $2,800 before rebounding to above $3,300.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH) from staking and moving it to Poloniex, a major cryptocurrency exchange.<\/p>\n","protected":false},"author":3,"featured_media":132380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-134483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Justin Sun Moves Ethereum, Sparking Selloff Speculation<\/title>\n<meta name=\"description\" content=\"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Justin Sun Moves Ethereum, Sparking Selloff Speculation\" \/>\n<meta property=\"og:description\" content=\"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-30T13:00:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\"},\"author\":{\"name\":\"Alexander Stefanov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\"},\"headline\":\"Justin Sun Moves Ethereum, Sparking Selloff Speculation\",\"datePublished\":\"2024-07-30T13:00:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\"},\"wordCount\":123,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp\",\"articleSection\":[\"Altcoins\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptodnes.bg\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\",\"name\":\"Justin Sun Moves Ethereum, Sparking Selloff Speculation\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp\",\"datePublished\":\"2024-07-30T13:00:14+00:00\",\"description\":\"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp\",\"width\":1280,\"height\":640},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptodnes.bg\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Justin Sun Moves Ethereum, Sparking Selloff Speculation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"CryptoDnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"publisher\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#organization\",\"name\":\"CryptoDnes EN\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg\",\"caption\":\"CryptoDnes EN\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5\",\"name\":\"Alexander Stefanov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g\",\"caption\":\"Alexander Stefanov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Justin Sun Moves Ethereum, Sparking Selloff Speculation","description":"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/","og_locale":"en_US","og_type":"article","og_title":"Justin Sun Moves Ethereum, Sparking Selloff Speculation","og_description":"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...","og_url":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/","og_site_name":"CryptoDnes EN","article_published_time":"2024-07-30T13:00:14+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp","type":"image\/webp"}],"author":"Alexander Stefanov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alexander Stefanov","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#article","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/"},"author":{"name":"Alexander Stefanov","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5"},"headline":"Justin Sun Moves Ethereum, Sparking Selloff Speculation","datePublished":"2024-07-30T13:00:14+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/"},"wordCount":123,"commentCount":0,"publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp","articleSection":["Altcoins"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/cryptodnes.bg\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/","url":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/","name":"Justin Sun Moves Ethereum, Sparking Selloff Speculation","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp","datePublished":"2024-07-30T13:00:14+00:00","description":"Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH)...","breadcrumb":{"@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/ethereum6.webp","width":1280,"height":640},{"@type":"BreadcrumbList","@id":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-ethereum-sparking-selloff-speculation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptodnes.bg\/en\/"},{"@type":"ListItem","position":2,"name":"Justin Sun Moves Ethereum, Sparking Selloff Speculation"}]},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"CryptoDnes EN","description":"Crypto News, Bitcoin Analysis and More","publisher":{"@id":"https:\/\/cryptodnes.bg\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cryptodnes.bg\/en\/#organization","name":"CryptoDnes EN","url":"https:\/\/cryptodnes.bg\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/04\/logo.svg","caption":"CryptoDnes EN"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/121029bf2ce7d5bbdab7f447d5aeebb5","name":"Alexander Stefanov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6dd8585c9881c74e639b0a3d0a889929?s=96&d=mm&r=g","caption":"Alexander Stefanov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/alex100oo\/"}]}},"modified_by":"Deyan Angelov","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=134483"}],"version-history":[{"count":1,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134483\/revisions"}],"predecessor-version":[{"id":134496,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/134483\/revisions\/134496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/132380"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=134483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=134483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=134483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}