{"id":146651,"date":"2025-01-13T19:00:52","date_gmt":"2025-01-13T17:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146651"},"modified":"2025-01-13T15:40:23","modified_gmt":"2025-01-13T13:40:23","slug":"justin-sun-moves-320m-in-ethereum-as-crypto-market-faces-pressure","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/justin-sun-moves-320m-in-ethereum-as-crypto-market-faces-pressure\/","title":{"rendered":"Justin Sun Moves $320M in Ethereum as Crypto Market Faces Pressure"},"content":{"rendered":"<p>This move comes as <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>slid from $95,000 to $90,300, pushing the global crypto market cap down by over 4.2% to $3.17 trillion.<\/p>\n<p>Sun&#8217;s <strong><a href=\"https:\/\/x.com\/spotonchain\/status\/1878645887012069766?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1878645887012069766%7Ctwgr%5Eca3319526e8b4d28ae318d9342bd7ee93d01af8b%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.cryptopolitan.com%2Fjustin-sun-moved-ether-to-htx-november%2F\" target=\"_blank\">transactions<\/a> <\/strong>included 96,591 <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">ETH<\/a> <\/strong>worth $316 million, alongside smaller transfers of Ether.fi (ETHFI) and EIGEN tokens.<\/p>\n<p>He acquired the ETH at an average price of $3,275, indicating a possible strategy to leverage HTX trading opportunities. Meanwhile, Ethereum\u2019s price has dropped 20% in the last month and now trades at $3,150.<\/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\/crypto-market-continues-to-struggle-bitcoin-briefly-dips-to-90000\/\" title=\"Crypto Market Continues to Struggle &#8211; Bitcoin Briefly Dips to $90,000\">\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\/2022\/07\/market-crash-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Market Continues to Struggle &#8211; Bitcoin Briefly Dips to $90,000<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Sun has a history of large-scale transfers, having moved substantial amounts of ETH to HTX in late 2024 following unstaking actions.<\/p>\n<p>These high-profile activities, alongside others like Arthur Hayes\u2019 recent <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethena\/\">ENA<\/a> <\/strong>token transactions, highlight the role of major players in influencing market dynamics during volatile periods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tron founder Justin Sun executed over $320 million in Ethereum (ETH) and staking token transfers to HTX within 24 hours, even as the crypto market experiences a sharp downturn.<\/p>\n","protected":false},"author":7,"featured_media":23502,"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-146651","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 v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Justin Sun Moves $320M in Ethereum as Crypto Market Faces Pressure<\/title>\n<meta name=\"description\" content=\"Tron founder Justin Sun executed over $320 million in Ethereum (ETH) and staking token transfers to HTX within 24 hours, even as the ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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