Justin Sun becomes the largest individual ETH HODLer

     Trackers claim that Torn blockchain creator Justin Sun is the largest individual ETH holder at the moment.

Justin left Vitalik behind

     Until now, ETH founder Vitalik Buterin was considered the largest hodler with 240k ETH, but Justin Sun has over 280k ETH staked in Lido Finance itself. With such huge ETH assets, Justin Sun has become the largest individual ETH hodler, surpassing Vitalik Buterin.

Source of Justin Sun's Treasury

Justin Sun is considered a fraud in the crypto world; the possibility of him having such a huge treasure of ETH through his own assets is negligible. The biggest possibility is that Justin Sun may have taken assets  of other investors from exchanges like HTX, Poloniex, and WhiteBIT.

Impact on the price of ETH

     The value of ETH remains stuck at the $1.5k level. Some experts believe that this could also be Justin Sun's move because he has accumulated a lot of ETH in his treasury and wants to increase his ETH treasury to more than crypto platforms before the price of ETH increases.

Brought to you by Yugocean, originally posted here