A new crypto money transfer came from Justin Sun, the founder of Tron (TRX), who made a name for himself with his money transfers.
Popular crypto analytics platform Lookonchain announced that Justin Sun's address, starting with 0xECE9E, transferred 6,801 MKR (worth $4.3 million) to Binance today.
Lookonchain shared the following statements:
“Watch out for MKR price changes.
Because Tron founder Justin Sun deposited 6,801 MKR ($4.3 million worth) into his Binance account 1 hour ago."
Lookonchian also added Etherscan data on the Justin Sun transaction to his post.
According to Etherscan's data, the address starting with 0xECE9E belonging to Justin Sun received 1,255,821 USDT, 1,000 TUSD and 6,801 MKR from the address starting with 0x13873.
Afterwards, the address starting with 0xECE9E transferred 6,801 MKR to Binance.
While it remains unclear whether Justin Sun transferred 6,801 MKR to Binance to sell, MKR continues to trade at $ 630 at the time of writing.
*Not investment advice.