TRON Inventor Dumps These 4 Altcoins To Binance! –

TRON founder Justin Sun is on the agenda with a million dollars sent to Binance over 4 altcoins. Analysis says this move could be linked to upcoming token unlock dates.

TRON founder transfers millions of altcoins to Binance

Days after Justin Sun publicly announced his leadership role in Huobi, he has transferred a significant amount of certain tokens. Blockchain security firm Peckshield has published details of the transactions in question in two separate alerts. One alert points to Sun as the owner of the respective wallets, while the second comes from a “Huobi Token (HT) whale” suspected to be Sun.

An address tagged Justinsun transferred 812.7k CRV ($891k), 19.6k GAL ($38.9k) and 892.7k DYDX ($1.6 million) to Binance, Peckshield alerted. For analysis purposes, such transactions do not go unnoticed and attract the attention of the crypto community, who are always trying to make sense of it.

The crypto community is already starting to speculate about why Sun initiated such transactions. Some people responding to Peckshield’s tweet suggested that Sun is targeting upcoming token unlock dates. From the tone of their answers, they’re probably implying that Sun plans to make money by selling the tokens. We have included the altcoin projects that will unlock this year in this article.

Huobi Token (HT) transactions

Peckshield’s second alert included details showing that an HT whale transferred 35.72k HT ($181k) to Huobi. The tweet left a tip suggesting Sun was a whale, but this has not been confirmed.

What do Justin Sun’s transactions mean?

The above transactions have caused concerns among the crypto community. The first was confirmation of Sun’s public role in Huobi, followed by transactions that tended to support the exchange’s native cryptocurrency HT. As the assumptions continue to rise, there is a conspiracy theory that Sun’s latest transactions are aimed at supporting his startup, Huobi. The source for this is based on the FUD news that Huobi has recently gathered with layoffs…

Recently, rumors that Huobi will be fired have been circulating on social media platforms. Although the accounts are not combined and there is no official confirmation, it still raises concerns about the safety of users’ funds. In fact, some users have started to withdraw their funds from Huobi in the past weeks. Similar to what happened to FTX in November 2022, the pressures on centralized exchanges still continue and come violently. As one of the three major exchanges in the past, everyone’s attention is turned to Huobi’s ability to mitigate the liquidity crisis and demonstrate its security and risk control capabilities.

Contact us to be instantly informed about the last minute developments. twitterin, Facebookin and InstagramFollow and Telegram and YouTube join our channel!

Risk Disclosure: The articles and articles on do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. does not recommend buying or selling any cryptocurrencies or digital assets, nor is an investment advisor. For this reason, and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.

Disclaimer: Advertisements on are carried out through third-party advertising channels. In addition, also includes sponsored articles and press releases on its site. For this reason, advertising links directed from are on the site completely independent of’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on and the pages directed by the links in the sponsored articles do not bind in any way.

Warning: Citing the news content of and quoting by giving a link is subject to the permission of No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of in violation of intellectual property law and relevant legislation.

Show Disclaimer

source site-3