Justin Sun emerges as the biggest individual Holder of ETH tokens.

Coin Genetics
Coinmonks
2 min readOct 18, 2023

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Hey there, crypto enthusiasts! 🌟 It’s your pal Durgesh, the crypto blogger, and today, we’ve got some juicy gossip from the crypto world. Our main character today is none other than the king of controversy himself, Justin Sun, the Tron founder. He’s making waves again, and this time it’s about his massive stash of Ether (ETH).

Meet the Ether King 👑

So, let’s get to it, my crypto-loving amigos! According to our crypto-sleuth extraordinaire, Chinese journalist Colin Wu, Justin Sun holds the crown as the largest individual holder of Ether. Yep, you heard that right, the largest! 🤴

Sun’s Ether Empire

Now, let’s talk numbers, but don’t worry, we’ll keep it simple. Mr. Sun’s got not one, but two crypto treasure chests, with a whopping 282,796 ETH locked inside. To put it in perspective, that’s around $447 million of digital gold! 💰

Sun’s Not-So-Sunny Plans

But wait, there’s more drama! In a move that sent shockwaves through the crypto-sphere, Sun recently withdrew 19,999 ETH, worth a cool $32.4 million, from the Lido Finance platform and shipped it over to the Binance exchange. It seems like he’s got some selling plans up his sleeve. 🤑

Lido’s Safety Dance

Now, here’s a plot twist for you: Lido Finance, the platform where Sun has parked his ETH, introduced a Staking Rate Limit safety feature back in early 2023. This change came after a record-breaking daily influx of 150,000 ETH. 📈

Sun’s Unstoppable Staking

But guess what? By the time this safety feature was put in place, Justin Sun had already staked more than 150,000 ETH on the platform. That’s some serious commitment, my friends! 💪

Sun’s Bitcoin Saga

And as if the Ether empire wasn’t enough, Justin Sun revealed that for a whole decade, since the birth of the Huobi cryptocurrency exchange, he’s been keeping all his Bitcoin (over 100,000 of them) right there. Talk about loyalty! 😮

So, there you have it, folks! Justin Sun, the crypto maestro, is making headlines once again with his massive ETH holdings and his long-standing BTC affair. It’s safe to say that he’s a force to be reckoned with in the crypto world.

Remember, in the world of crypto, the drama never stops, and we’re here to keep you in the loop with a side of laughter. Stay tuned for more hilarious crypto tales, and as always, keep those digital wallets safe! 💼💰

Catch you on the flip side, my crypto comrades! 😎🚀

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Coin Genetics
Coinmonks

I keep you informed about the ever-changing cryptocurrency, Crypto Scams, ICOs & Airdrops.