Tron Founder Justin Sun Purchased These Four Altcoins From Binance. Is This A Pointer?
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Tron Founder Justin Sun Purchased These Four Altcoins From Binance, Is This A Pointer?

  • According to on-chain data, TRON founder Justin Sun accumulated these four altcoins: LINK, STORJ, PEPE, and DYDX on Binance.

Justin Sun, founder of TRON and owner of Huobi (HTX) and Poloniex cryptocurrency exchanges, made new transactions according to on-chain data.

According to data provided by cryptocurrency analysis company Lookonchain, Sun traded 127,510 LINK ($1.85 million), 202,385 STORJ ($200 thousand), 53.68B PEPE ($76.7 thousand) and 13,904 DYDX ($43 thousand) on Binance. This move is coming shortly after Justin Sun announced 10,000 TRX airdrop on Binance Square.

Cryptocurrency billionaire Justin Sun has $1.4 billion in assets in known wallets at the time of writing. Sun has made a profit of approximately $310 million since the beginning of December.

See Also: Binance Offers Insights On How To Stay Safe In P2P Trading On The Platform

However, a significant portion of Sun’s assets consist of elements of its own cryptocurrency ecosystem. 

The billionaire owns TRX worth $226 million, BTT token worth $125 million, USDD worth $278 million, STUSDT worth $48 million, WTRX worth $38.88 million, and JST token worth $24 million.

However, Sun’s assets, which were $3.19 billion at the beginning of 2022, seem to be quite affected by the declines. Recently, HTX and Poloniex exchanges also witnessed a hacking incident and a large amount of crypto money was stolen.

Is this a pointer that fans should also make moves to accumulate these altcoins?

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