On-chain data from the cryptocurrency market reveals significant activity by a 0x08337 short address associated with well-known investor Jez Sun.
This address recently withdrew more than $75 million worth of altcoins from multiple exchanges. This level of accumulation suggests that investors are taking a strong position regarding the medium to long-term prospects of the market.
According to on-chain records, the following assets were recently withdrawn from the exchange by this address: LINK worth $22 million, ETH worth $18 million, ENA worth $11 million, AAVE worth $6 million, ONDO worth $3.75 million, PENDLE worth $3.5 million, UNI worth $3.3 million, and ARB worth $1.3 million.
The current portfolio size at this address is $74.67 million. Chainlink accounts for the largest share of the portfolio with 1.618 million LINKs, approximately $22 million. This is followed by 6,050 ETH with $18.32 million, 43.53 million ENA with $11.26 million, 32,900 AAVE with $6.05 million, and 8.08 million ONDO with $3.73 million. Other altcoins such as PENDLE, UNI, ARB, SKY, OP, AERO, VIRTUAL, ENS, CRV, and LDO form a small but diverse component of the portfolio.
*This is not investment advice.
