Justin Sun Deposits Over $320 Million Worth of Assets to HTX

• Justin Sun deposited $320.4M in assets, including 96,591 $ETH, $ETHFI, and $EIGEN tokens, to HTX in 13 hours.
• Since November 2024, Sun has transferred 323,591 $ETH worth $1.124B to HTX at an average price of $3,472.
• Sun’s transactions reflect ongoing engagement with Ethereum-based assets, leveraging current market conditions for portfolio strategies.

In the last 13 hours, Justin Sun, the founder of TRON, deposited $320.4 million worth of Ethereum ($ETH) and restaking tokens to the HTX platform. According to Spot On Chain data, the deposited assets included 96,591 $ETH, valued at $316 million at $3,275 each, alongside 1.864 million $ETHFI worth $3.54 million at $1.9 per token. Additionally, 260,728 $EIGEN tokens, valued at $832,000 at $3.191 per token, were transferred, reflecting notable activity in Ethereum-based assets and restaking tokens.

Total Deposits Since November 2024

Since November 10, 2024, Justin Sun has transferred 323,591 ETH worth approximately $1.124 billion to HTX. These Ethereum deposits were made at an average price of $3,472 per $ETH. The ETH holdings were primarily accumulated during the first half of 2024 at an average acquisition cost of $3,036.

The recent transfers of ETH and related tokens demonstrate a significant movement of digital assets. The large ETH deposit, coupled with substantial amounts of ETHFI and EIGEN tokens, highlights increased activity from Sun on HTX. The tokens were transferred at competitive market rates, reflecting their current valuation trends.

Essence of the Transfers

The scale and frequency of these deposits have drawn attention to Sun’s continued engagement with HTX. This activity represents ongoing interactions with Ethereum and staking-related tokens on the platform. With ETH constituting the bulk of the transfers, Sun’s participation remains focused on Ethereum-based assets.
Justin Sun’s asset movements underscore significant contributions to HTX. The $320.4 million deposited in the past 13 hours adds to his cumulative $1.124 billion since November 2024. These transactions reflect Sun’s consistent activity in Ethereum markets, including restaking token contributions, with a focus on leveraging the current market conditions. The ETH tokens’ acquisition and transfer details provide insights into his ongoing portfolio strategies.