CandleFocus Time to Accumulate ETH Instead of Selling: Tron Founder Justin Sun
2024-11-07
Author: Content Editor
Justin Sun, creator of the Tron blockchain and owner of Huobi and Poloniex exchanges, expressed optimism for the crypto market, particularly Ethereum. He cited an expected improvement in macro crypto policies and suggested that now is a good time to accumulate and build. Meanwhile, a dormant Ethereum whale has become active after 8.75 years and started selling off their 12,001 ETH, potentially making a profit of $34 million. Cameron Winklevoss, co-founder of Gemini exchange, also expressed positive expectations for the crypto industry following the political shift in the US government, hoping for less legal battles with the SEC and more investment in building the future of money.
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