Ethereum News Daily TheBitTimes.com

The founder of the Tron crypto project, the notorious businessman Justin Sun, has become the largest individual staker of Ether (ETH). According to journalist Colin Wu, the address tagged Justin Sun is probably the largest individual ETH staker. The wallet mentioned currently has 282,796 ETH (around $447 million at the time of writing) staked on Lido. The address tagged Justin Sun is probably the largest individual ETH stake r. The two address tagged Justin Sun currently has 282,796 ETH ($439M) stake d on Lido. According to @EmberCN – 0x176f3dab24a159341c0509bb36b833e7fdd0a132 (192,656 ETH)… — Wu Blockchain (@WuBlockchain) October 15, 2023 At the beginning of the month, Sun had already un stake d $32.4 million worth of ETH. On Oct. 4, Sun withdrew 19,999 stake d ETH from the Lido Finance platform and sent them to the Binance exchange. It can be assumed that the businessman has sold digital assets or plans to do so in the near future. Notably, in early 2023, Lido Fin...

Coinbase holds $25 billion worth of Bitcoin, amounting to nearly 5% of the cryptocurrency’s total supply, according to Arkham Intel. Blockchain intelligence platform Arkham Intel, on Sept. 22, revealed that U.S.-based crypto exchange Coinbase currently possesses close to 1 million Bitcoins (BTC) in its wallets.  Arkham has now identified $25B of Coinbase Bitcoin reserves (~1M BTC) on chain. This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence – about as much as Satoshi Nakamoto. pic.twitter.com/7sDOczS7WT — Arkham (@ArkhamIntel) September 22, 2023 The Bitcoin holding is valued at over $25 billion per the current market rates. It also constitutes almost 5% of all Bitcoin in circulation, an amount that would put Coinbase on par with the alleged holdings of Bitcoin’s elusive founder, Satoshi Nakamoto. As asserted by Arkham, Coinbase’s Bitcoin portfolio consists of a grand total of 947,755 B...