Significant Cryptocurrency Transaction: Justin Sun extracted 52,905 ETH, worth 209 million USD, from Lido Finance. Previously, he amassed 392,474 ETH, resulting in a profit of 349 million USD. This suggests his considerable impact on Ethereum’s market dynamics.
Ethereum Price Movement: Currently, Ethereum trades above 3,900 USD, nearing a psychological resistance of 4,000 USD. A potential bullish breakout could occur, but if prices retract, a bearish reversal may follow. Traders should monitor this critical price action.