PANews reported on December 25 that according to Spot On Chain monitoring, the suspected Justin Sun address transferred 70,182 ETH (US$244.9 million) to HTX 7 hours ago, including 42,905 ETH unstaked from Lido Finance and 27,277 ETH transferred from Etherfi.

Since November 10, he has deposited 179,101 ETH ($645 million) into HTX at an average price of $3,601. He still holds 106,905 STETH ($372.4 million) and 56,277 EETH ($195.8 million), of which 25,000 ETH ($87 million) has been unstaked from Etherfi.

Earlier yesterday, Justin Sun denied rumors of clearing out his ETH holdings, saying it was just an ETH transfer operation between different wallets by the team .