A new move came from Tron (TRX) founder Justin Sun, who attracted attention with his statements and moves in the cryptocurrency market.
At this point, popular on-chain analysis company PeckshieldAlert said that Tron founder Justin Sun bought Ethereum.
Accordingly, Justin Sun purchased 4,500 ETH worth approximately $7 million from the Huobi exchange.
Sun then staked the ETHs he purchased on Lido.
“Address tagged Justin Sun purchased 4,500 ETH (worth approximately $7 million) from Hubi and staked them on Lido.”
Ethereum is trading at $1,569 at the time of writing.
*This is not investment advice.