Lookonchain data according to, Justin Sun recently withdrew a significant amount of crypto assets from Binance. These transactions include $127,510 LINK ($1.85 million), $202,385 STORJ ($200,000), $53.68 billion PEPE ($76,700) and $13,904 DYDX ($43,000). These cryptocurrency withdrawals showed that assets in Sun’s portfolio were actively moving, sparking speculation within the crypto community.
Justin Sun withdrew 127,510 $LINK($1.85M), 202,385 $STORJ($200K), 53.68B $PEPE($76.7K) and 13,904 $DYDX($43K) from #Binance 1 hour ago.https://t.co/gt2NZlnGc1 pic.twitter.com/akK7X2huVI
NEWS CONTINUES BELOW— Lookonchain (@lookonchain) December 16, 2023
Currently, Justin Sun holds $1.4 billion in crypto assets in known wallets. However, recent profit gains, estimated at around $310 million since the beginning of December, have not passed without scrutiny. A significant portion of Sun’s assets include TRX worth $226 million, BTT tokens worth $125 million, USDD worth $278 million, STUSDT worth $48 million, WTRX worth $38.88 million, and JST tokens worth $24 million. It consists of elements from its own cryptocurrency ecosystem.
Despite its significant assets, Sun’s total assets, valued at $3.19 billion at the beginning of 2022, have been plagued by noticeable fluctuations and downturns. The volatility in the cryptocurrency market appears to have affected Justin Sun’s portfolio, raising questions about the resilience of even the most influential players in this volatile environment.
Moreover, recent hacks on Sun’s exchanges HTX and Poloniex have added to the turbulence surrounding crypto efforts. These breaches resulted in the theft of a significant amount of cryptocurrency funds, undermining the security measures implemented on Sun’s platforms and highlighting the continued vulnerability of digital asset exchanges to cyber threats.