One that never fell off the agenda and was the subject of discussion with every move. Justin Sun, founder of Tron (TRX) and CEO of BitTorrentThis time, he became the subject of news with a large ETH transaction he made to the Binance exchange. to Sun Binance 55 million dollars worth 19,000 Ethereum (ETH) he laid. Some considered this transaction a bearish sign.
At 21:00 on March 2 (UTC+8), Justin Sun’s address (0x176F3DAb24a159341c0509bB36B833E7fdd0a132) transferred 19,000 ETH to Binance, with a total value of about $55 million. Link: https://t.co/aJMRRBhWJc
— Wu Blockchain (@WuBlockchain) March 3, 2022
Blockchain journalist Colin Wu shared the details of the massive Ethereum (ETH) transaction that took place on the crypto exchange Binance. It is stated that the transaction took place yesterday evening.
More than 600 Million Dollars Deposited in ETH!
Sun has been on Binance since December 2021. more than $600 million Ethereum (ETH) deposited.
While the transaction in question caused various discussions and concerns in the crypto community, the inner side of the event was somewhat enlightened. It was learned that Sun carried out the said transactions in the form of carrying money between the internal wallets of its ecosystem, without the purpose of selling.
Some Are Still Uneasy!
The statements that Sun made this transaction without a sales purpose were not enough to comfort some. Many are sure that this is an alarming signal for Ethereum bulls. So much so from Three Arrow Capital Water Zhu and Justin SunA Twitter user who thinks that ‘s activities should be closely examined
Attention guys, these two are always talking bullshit on Twitter while they’re draining money in the background.
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