Justin Sun Moves $50M to Binance Despite Crypto Downturn

Amid a recent downturn in the cryptocurrency market, Justin Sun, the founder of Tron (TRX), reportedly orchestrated a significant transfer of USDT to Binance, one of the worlds premier cryptocurrency exchanges. Lookonchain, a provider of on-chain data, identified an address associated with Sun, indicating the movement of around 50 million USDT to Binance. This transaction is part of a larger pattern, with the same address relocating 439.5 million USD over the past month, with a substantial portion, 371 million USDT, finding its way into Binance. Strategic Financial Maneuvers The...

source: https://tokenpost.com/Justin-Sun-Moves-50M-to-Binance-Despite-Crypto-Downturn-11014

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Published by: Book Club
Source: NewsService