Justin Sun Deposits $23.4M in DeFi Tokens to Binance, CRV Price Goes Down

In the past day, Justin Sun, the prominent cryptocurrency entrepreneur, deposited 6.22 million CRV tokens ($2.07 million) to Binance at a price of $0.333 per token.

Justin Sun’s recent cryptocurrency deposits, totaling $23.4 million, have been a major topic of discussion among traders and analysts. In the past day, Sun deposited an additional $14.3 million in eight assets to Binance.

Among these assets were 3.45 million ETHFI tokens, which were claimed from an airdrop and are now valued at $12.05 million. Sun also deposited 6.22 million CRV tokens, which were acquired at an over-the-counter (OTC) price of $0.4 last August. These tokens are currently valued at $1.96 million.

In addition to ETHFI and CRV, Sun also transferred another $333,000 worth of various assets to Binance. These assets included:

– 37,740 CVX ($125,000)

– 148,003 MATIC ($86,400)

– 29,332 GAL ($72,100)

– 106,864 WOO ($24,300)

– 62,500 PROS ($22,700)

– 17,562 TRU ($2,800)

Overall, Justin Sun has deposited a total of $23.4 million in 11 different tokens, primarily from the DeFi sector, to Binance over the past week. This substantial movement of funds highlights Sun’s significant activity in the cryptocurrency market and his strategic positioning in DeFi assets.

As the market reacts to these significant deposits, it remains to be seen how Justin Sun’s latest cryptocurrency deposits will impact the prices and perceptions of these DeFi tokens in the coming days.

News source：https://www.kdj.com/cryptocurrencies-news/articles/justin-sun-deposits-m-defi-tokens-binance-crv-price.html

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