Tron Founder Justin Sun Sends A Hefty Amount Of These 4 Altcoins To Binance!

Tron (TRX) thought to belong to its founder, Justin Sun. cryptocurrency from your wallet to the crypto exchange Binance altcoin transfers were noted.

There Is Activity In Altcoin Accounts Thought To Belong To Justin Sun

Among the altcoins Sun sent to Binance, 812,700 CRV ($891,000), 19,600 units GAL ($38,900) and 892,700 units DYDX (1.6 million dollars).

In addition, Justin Sun, in another transfer he made, this time 35,720 to the cryptocurrency exchange Huobi. HT sent the token ($181,000). As it is known, Huobi cryptocurrency exchange is currently managed by Justin Sun. The HT token is used as the native altcoin of this exchange.

Recently, a large amount of crypto transfers took place from wallets labeled Justin Sun to Binance and various stablecoin companies. In his statement on this subject, Sun shared with the cryptocurrency community that these transfers are simply chain swaps and there are no special cases.

Despite the transfer made by Justin Sun, at the time of this writing, Huobi Token (HT) has gained approximately 0.69% in value in the last 24 hours and is trading at $5.07.

Huobi Token is a relatively young project. It was first launched in January 2018, right after the launch of a native token on rival crypto exchange Binance.

The total supply of Huobi Token is limited to 500 million. After its launch, 60% (300 million coins) was split among the users of the exchange, and the company kept 40% (200 million coins) as reserves.

*Not investment advice.

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