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Why is Justin Sun offloading Ethereum? Sun does away with 50% ETH Holdings
Why is Justin Sun offloading Ethereum? Sun does away with 50% ETH Holdings

Share link:In this post: Justin Sun sold 50% of his Ethereum holdings worth $143M, adding selling pressure as ETH dropped 17% to $3,304 in a week. Sun’s transactions average $3,674 per ETH, yielding a 29% ROI, with 42,904 ETH ($139M) unstaked that analysts predict he will eventually sell. Ethereum faces bearish trends below $3,500 but sees continued institutional ETF interest, with inflows reaching $62.73M in the past trading week.

Cryptopolitan·2024/12/23 13:55
Today's popular MEME inventory
Today's popular MEME inventory

币币皆然 ·2024/12/23 08:39
Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant
Meet Trump’s new adviser picks: a crypto PAC darling, a Fed critic, and Musk’s AI confidant

The new appointees will focus on digital asset oversight, economic policy, and AI strategy.

DLNews·2024/12/23 04:53
Flash
  • 23:28
    There is a 95.3% probability that the Federal Reserve will keep interest rates unchanged in July
    According to CME "FedWatch" as reported by Jinse Finance: there is a 95.3% probability that the Federal Reserve will keep interest rates unchanged in July, and a 4.7% probability of a 25 basis point rate cut. For September, the probability of rates remaining unchanged is 35.3%, the probability of a cumulative 25 basis point rate cut is 61.8%, and the probability of a cumulative 50 basis point rate cut is 2.9%. (Jin10)
  • 23:27
    This year, 14 U.S. states have passed 26 Bitcoin-related bills
    According to a report by Jinse Finance, Bitcoin Laws has revealed that 26 Bitcoin-related bills have been passed in 14 U.S. states so far this year.
  • 22:42
    Zuckerberg Recruits Apple’s AI Executive with Multi-Million Dollar Annual Salary
    According to a report by Jinse Finance citing foreign media, a senior executive in charge of artificial intelligence models at Apple is set to join Meta Platforms (META.O), marking another setback for Apple’s (AAPL.O) struggling AI efforts. Sources familiar with the matter revealed that Ruoming Pang, a distinguished engineer and manager on Apple’s foundational model team, is about to leave the company. In order to secure Pang, Meta offered an annual compensation package worth tens of millions of dollars. Meta CEO Mark Zuckerberg has been aggressively recruiting, bringing in several AI leaders with high salaries.
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