Justin Sun's Ethereum Buying Spree Boosts Price And Raises Recovery Hopes

Justin Sun, a well-known figure in the cryptocurrency space, is rumored to have made a significant acquisition of Ethereum (ETH), sparking questions about the potential impact on ETH's price, potentially driving it to $3,500 or higher.

Reports show that a new Ethereum (ETH) whale has been on a buying spree recently. This whale bought over $405 million worth of ETH since March 31 and is suspected to be Tron founder Justin Sun.

Sun's latest ETH buy stirs positive sentiment across crypto markets thanks to Deja Vu to February's moves.

Tron founder Justin Sun is on a massive Ethereum buying spree, as data analytics platforms and tracking site Lookonchain has pointed out. The Lookonchain data revealed that from April 8 to date, Justin Sun has acquired a total of 127,388 ETH worth approximately $405.19 million.

In recent developments, questions have arisen regarding whether Justin Sun, the prominent figure in the crypto space, has acquired a substantial amount of Ethereum (ETH). Justin Sun Wallet Shows Strong Ethereum Buying Lookonchain, an on-chain data provider, highlights intriguing activities in whale wallets suspected to be associated with Sun.