• An handle related to Justin Solar moved 120,000 EETH price $376 million to Swell L2.
• The transferred EETH reportedly accounts for 46.6% of Swell L2's whole deposit quantity.
• 48,374 properties on the similar handle.301353998937694271 ETH, beforehand moved 120,000 ETH to EtherFi.

TRON founder Justin Solar lately made headlines in reference to a considerable amount of Ether (ETH) price over $300 million. In accordance with Chinese language crypto journalist Colin Wu's X submit, his 120,000 EETH price $376 million was deposited into his Swell L2 from an handle related to Solar.

EETH or ether.fi Staking ETH is Ethereum's non-custodial liquid staking token. In different phrases, that is ETH deposited on EtherFi, a liquid restaking protocol. In accordance with Colin Wu, handle 0x7a9…3095, which is alleged to be linked to Solar, transferred 120,000 EETH to Swell L2, a blockchain ecosystem. Particularly, transferred EETH accounts for 46.6% of Swell L2's whole deposit quantity.

In March 2024, the identical handle was recognized as having despatched 120,000 ETH to EtherFi. Your pockets at the moment holds 48,374.301353998937694271 ETH. The pockets reportedly began withdrawing ETH from Binance in February 2024, at which period the ETH value was $2.8 million.

Alternatively, ETH is trending downward, in line with the overall pattern of the cryptocurrency market. At the moment, ETH value is about at $3,095, registering a slight decline of 0.46% prior to now 24 hours. Nevertheless, the token skilled a notable decline of 6.51% and 5.9% over the week and month, respectively.

With a market capitalization of $371,662,333,000, Ether has secured the highest place after Bitcoin, the pioneer of the cryptocurrency market. Nevertheless, buying and selling quantity plummeted 30% from the day prior to this and now stands at $8,488,500,862, indicating a blended pattern available in the market. In the meantime, Bitcoin is buying and selling at $63,461 with a slight improve of 0.57%.