A wallet address claimed to belong to Justin Sun reportedly attracted significant amounts of AAVE and XVS from Binance.
The wallet, known as 0x9fc, attracted 59,000 AAVE (equivalent to $5.73 million) and 200,000 XVS (valued at $2.43 million).
This activity is notable, as the wallet has reportedly withdrawn seven different assets from Binance over the past two days, worth a total of $12.71 million. Withdrawn assets include:
- 69,000 AAVE ($6.74 million)
- 200,000 XVS ($2.45 million)
- 61,249 LINK ($990 thousand)
- 27.16B FLOKI ($846 thousand)
- 1.698 MILLION MANA ($781 thousand)
- 79.33B SHIB ($785k)
- 100,100 BANT ($168 thousand)
It was previously believed that Justin Sun primarily used this wallet to store stablecoins and ETH.
In addition, Sun announced yesterday that his cryptocurrency exchange Huobi (HTC) will now support the HTX token instead of the native HT token. Following the development, the price of the altcoin dropped significantly as the HT community was dissatisfied. The altcoin lost 26% of its value in the last week.
Justin Sun, who withdraws crypto money from Binance today, currently has a total of $ 141 million in assets in his wallet. Ethereum accounts for $127 million of this.
*It is not an investment recommendation.