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Ethereum Faces Downturn as Justin Sun Offloads $143 Million in ETH

  • Justin Sun sold 50% of his ETH worth $143M, leading to a 17% Ethereum price drop.
  • Sun deposited 108,919 ETH ($400M) into HTX, with 42,904 ETH ($139M) unstaking from Lido Finance.
  • Ethereum faces resistance at $3,420, risking $3,000 if $3,120 support breaks; $3,500 signals potential recovery.
  • Ethereum prices face mounting pressure as Justin Sun intensifies his Ethereum sell-off, leading to bearish sentiment in the crypto market.

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