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Justin Sun: I don’t think he holds more Ethereum than the Ethereum Foundation. Ethereum is completely decentralized.

Justin Sun: I don’t think he holds more Ethereum than the Ethereum Foundation. Ethereum is completely decentralized.

CointimeCointime2024/05/21 07:56
By:Cointime

Sun Yuchen stated on social media that Ethereum is a decentralized protocol and we are ordinary participants in Ethereum. We have sufficient capital to provide TVL and node validation services for Ethereum, Tron, and all other types of L2 projects to ensure the security of all blockchains. We will be committed to the development of this field in the long term.

We do not believe that we hold more Ethereum than the Ethereum Foundation. In fact, Ethereum is completely decentralized, and currently, no one holds more Ethereum than the community.

As reported by Jinse Finance earlier, on May 21st, according to Yujin Monitoring, Justin Sun currently holds a total of 665,000 ETH, worth about 2.2447 billion US dollars, of which 390,000 were purchased from the end of last year to the end of April this year, with an average purchase price of 2,984 US dollars.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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