Justin Sun, founder of TRON, has applied to withdraw 52,905 ETH, valued at $209 million, from Lido Finance. The move follows his ongoing Ethereum accumulation strategy, under which he allegedly acquired 392,474 ETH at an average price of $3,027, now reflecting an estimated profit of $349 million. This withdrawal isn’t Sun’s first major ETH move. …
Justin Sun Withdraws $209 Million in ETH from Lido Read More »
Bitwise Asset Management has submitted a proposal for a Bitcoin-Ethereum combined spot ETF to the SEC. This move follows Bitwise’s success with its Bitcoin spot ETF earlier this year and its recent launch of Bitcoin ETF options. The new proposal aims to balance exposure between Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization. …
Bitwise Proposes Bitcoin-Ethereum Spot ETF to SEC Read More »
Vitalik Buterin’s Ethereum wallet made a significant transaction yesterday, converting several meme coins and Tether’s USDT into ETH. Over the past year, various meme token developers had sent these tokens unsolicited to Buterin’s wallet. Afterward, Buterin sent 100 ETH (around $242,000) to the “Free Alexey & Roman” campaign, which supports the legal defense of Tornado …
Vitalik Buterin sells $300k of memes & USDT to buy ETH Read More »
