Oct 07, 2023
SOC Team
Justin Sun re-accumulated all $ETH just hours after depositing to Binance
Related addresses
Total tokens transferred
20.344K
ETH
[Updated] Justin Sun allegedly further re-accumulated 6,000 $ETH from Binance at $1,642 ($9.85M) just now on October 7, 3:03 AM (UTC):
- txid: 0x07c4053bfdf1eb8f2065211999e57d7b2d22ceb60054d59d625f54e96b93c1fd
- address: 0x9fcc67d7db763787bb1c7f3bc7f34d3c548c19fe
Notably, Justin Sun showed mixed feelings towards $ETH after the market dipped on October 5:
- unstaked 19K $ETH ($30.7M) from Lido Finance and deposited to Binance at $1,617 ($32.3M) via address 0xbcb. Overall, Justin Sun applied to withdraw a total of 80,251 $ETH ($132M) on October 4
- allegedly re-accumulated back a total of 20,344 $ETH from Binance at $1,620 on average ($33M) via address 0x9fc just hours after the deposit to Binance, and then has staked back 14,000 $ETH ($22.6M) with Lido Finance.
- would suffer an estimated slight loss of $48.5K if truly bought and sold
- however, it is noteworthy that address 0x9fc once deposited only a small amount of 25 $ETH ($45.1K) to Poloniex via Justin Sun: Poloneix deposit address 0xd6c on August 17, 2023; hence, it is unsure whether the address truly belongs to Justin Sun or not
Fig 1. Justin Sun's recent actions with $ETH after the market dipped on October 5.
[Previous] After the market dipped yesterday, Justin Sun allegedly deposited a net amount of 5,655 $ETH to Binance at $1,633 on average ($9.23M) between October 5, 15:29 PM and 17:19 PM (UTC):
- accumulated a total of 14,344 $ETH from Binance at $1,611 on average ($23.1M) in 3 transactions then staked 14,000 $ETH with Lido Finance via address 0x9fc
- in between the 2 accumulations, unstaked 19K $ETH ($30.7M) from Lido Finance and deposited to Binance at $1,617 ($32.3M) via address 0xbcb
- address 1: 0xbcb742aadb031de5de937108799e89a392f07df1
- address 2: 0x9fcc67d7db763787bb1c7f3bc7f34d3c548c19fe
Notably:
- Justin Sun used to deposit 5,000 $ETH ($9.2M) to Houbi at $1,841 via address 0xbcb on August 12, 2023, right before the market crash that has driven $ETH price down by more than 14% since
- address 0x9fc once deposited only a small amount of 25 $ETH ($45.1K) to Poloniex via Justin Sun: Poloneix deposit address 0xd6c on August 17, 2023; hence, it is unsure whether the address truly belongs to Justin Sun or not
- Justin Sun: Poloneix deposit: 0xd6c99506298aed91894f48e2c5e3c40c288b17ca
Fig 2. Justin Sun's recent actions with $ETH after the market dipped yesterday.