Crypto NewsExchangeTRON Founder Justin Sun Sends 60 Million USDT to Cryptocurrency Exchange Binance!...

TRON Founder Justin Sun Sends 60 Million USDT to Cryptocurrency Exchange Binance! Here are the details

According to the latest on-chain data, Tron founder Justin Sun sent $60 million to cryptocurrency exchange Binance.

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According to Whale Alert, a service that tracks major cryptocurrency transactions, Tron founder Justin Sun has transferred 60 million USDT (Tether) to Binance.

Sun's transfer to Binance took place today at 14:27 CEST.

Sun's transfer was part of a group whale movement that included USDT, a stablecoin pegged to the US dollar. According to Whale Alert data, at 14:22 CET, Sun received 120.9 million USDT from JustLendDAO, a decentralized loan platform on the Tron network. He then sent about half of that amount to Binance and kept the other half in his wallet.

As a latest development, Justin Sun transferred approximately $67 million USDT tokens to JustLendDAO at 14:46 CET.

Another 50 million USDT whale transfer took place at 14:30 CEST from Binance to an unknown wallet. It is unclear whether this transfer is related to Sun's transaction.

Sun is a controversial figure in the crypto space, known for his aggressive marketing and promotional activities. He previously offered $4.6 million to have lunch with Warren Buffett, who was a fierce critic of cryptocurrencies, but later canceled it. It also bought BitTorrent, a popular file-sharing platform, and Poloniex, a crypto exchange, in 2018 and 2019, respectively.

Sun did not comment on the reason why he transferred 60 million USDT to Binance.

*Not investment advice.


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It’s very nice project.

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