Sun now holds 392,474 ETH worth just under $1 billion, which means he is about 200 million in the red
Ethereum and other cryptocurrencies show signs of recovery. Tron founder Justin Sun capitalizes on the dip by buying a significant amount of ETH. Institutional investors continue to pour funds into Ethereum ETFs.
Sun emphasized the importance of aligning with a candidate who endorses cryptocurrencies
Sun's deposit into Swell L2, a nascent but promising liquid restaking protocol, is nearly half of the platform's total funds Swell L2's
The sentiment is echoed across the industry, with skepticism rising despite some optimism from major institutions