Wallet 0x435 (likely Justin Sun) just withdrew 14,436 ETH ($45.51M) from Binance:

• transaction: 0x49856fe8819766a4788d92430bdb2281a1903d43d5cc920633c08753441884bf
• address: 0x43594da5d6a03b2137a04df5685805c676def7cb
• This address may belong to the entity Justin Sun

Notably, 3 days ago, the wallet deposited 45M USDT to the CEX; therefore, this time's purchasing price was around $3,117.

Overall, since February 8, the founder of Tron might have bought 377,188 ETH at an average price of $3,049 (estimated cost: $1.15B) via 3 wallets and now has an unrealized profit of over $50M (+4.4%), including:

• 169,604 ETH via 0x7a95f1554ea2e36ed297b70e70c8b45a33b53095 in February at $2,870 on average;
• 192,168 ETH via 0x43594da5d6a03b2137a04df5685805c676def7cb in April and July at $3,175 average;
• 15,416 ETH via 0xdbfd25f0e50008179201f00306621917bc728ec8 in June at $3,474 on average.

Fig 1. Wallet 0x435 (likely Justin Sun) bought 14,436 ETH ($45M) via Binance.

Fig 2. Justin Sun has allegedly bought 377,188 ETH (estimated cost: $1.15B) via 3 wallets since February 8, 2024.