Justin Sun Deposits $250 Million in Bitcoin, Influencing BTC Markets

Crypto influencer Justin Sun made a significant move in the bitcoin market on June 9th, 2025, depositing $250 million into cryptocurrency exchanges. This move triggered notable shifts in market activity and price fluctuations. The transaction was facilitated by five separate wallets, highlighting Sun’s strategy of strategically influencing liquidity. The influx pushed Bitcoin’s price near $108,000, indicating the impact of large-scale transactions on market dynamics. Market analysts are observing the potential implications of this move, especially considering Sun’s past involvement in token launches and his ties to the TRON blockchain.