Justin Sun’s Circle Transfers Raise Nearly $240M: A routine transaction, not for sale

The fact that TRON (TRX) founder and Huobi advisory board member Justin Sun transferred $236 million in assets to USDC issuer Circle in the last month has led to speculation that he will sell. Justin Sun said it’s nothing to worry about.

In morning times Justin Sun Some crypto wallets labeled as large amount Appears to have transferred the asset to Circle. The amount the founder has transferred to Circle since the beginning of the month, including recent transfers 236 million found the dollar. This massive cash flow, which suddenly developed, caused various changes, especially in the direction of sales. to speculation while Justin Sun transfers are not for sale, routine a process stated it was done.

Wallets tagged as Justin Sun, from Aave V2 50 million BUSD pulling to Paxos 70 million BUSD conveyed. Yet another wallet tagged as Justin Sun is from Binance 72 million USDC pulled it over to Circle.

The reciprocal of founding transactions with the Circle census and capital from the distribution declared that it was. Justin Sun is optimistic about cryptocurrencies and invests. continue they will stated. TRON founder also legal accepted as TRX, HT, BTT, JST and SUN investments in cryptocurrencies such as they have increased expressed.


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