Tron (TRX) Founder Justin Sun Made a $7 Million Purchase! Which Altcoin Did He Choose?

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.”

#PeckShieldAlert #JustinSun-labeled address has received 4.5K $ETH (~$7m) from #Huobi and staked them on #Lido pic.twitter.com/ThzqqL03q5

— PeckShieldAlert (@PeckShieldAlert) October 11, 2023

Ethereum is trading at $1,569 at the time of writing.

*This is not investment advice.

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