Tron founder Justin Sun has been a subject of immense curiosity in the crypto industry after his wallet address was part of a recent on-chain data orbit.
According to Spotonchain, a platform offering on-chain metrics, these crypto assets were purchased from the world's top cryptocurrency exchange, Binance, as the wallet address was traced back to Justin Sun.
More revelations into the on-chain data disclosed that the accumulation was done for over 24 hours accounting for many transactions in the blockchain.
Justin Sun accumulated and made withdrawals of the assets from Binance. According to the on-chain data, the Tron founder withdrew over $1.007 million worth of AAVE coins.
The data revealed AAVE as the most withdrawn coin followed by LINK coin – which recorded $940.177K withdrawals. Other withdrawals recorded from the data are $836.367K and $779.072K worth of FLOKI and MANA respectively.
Further, Justin Sun accumulated the popular cryptocurrency Shiba Inu, at an evaluated worth of $756.055K. His transactions included XVS and BAND which totaled $119.020 and $170.170K respectively.
In similar news, Justin Sun announced the rebirth of the Huobi exchange through HTX DAO. Sun revealed that HTX DAO will be a new chapter for the crypto exchange, giving Huobi's users a direct opinion of the exchanges' government.
According to him, platform currencies are important in creating a tight bond between exchanges and their customers.
Today, TRON (TRX) is priced at $0.109, accompanied by a 24-hour trading volume of $378,173,552.49. Over the last 24 hours, there has been a 0.24% uptick in price, and over the past 7 days, TRX has seen a 2.21% increase. The circulating supply of TRON stands at 88 billion TRX, resulting in a market capitalization of $9,615,393,876.
Additionally, SHIB price experienced a drop by 0.41% while AAVE price jumped by 0.05% over the past 24 hours. Other assets that dropped in price are LINK and FLOKI – recording -3.36% and -0.58% respectively. However, the price changes are not linked to Justin Sun's recent accumulation.
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