Justin Sun Sends a Whopping 400 Million USDTs in Two Hours
On March 13, according to Lookonchain data, the address marked as Justin Sun cast 400 million USDTs in the past two hours, and transferred 250 million USDTs to Binance in total
Justin Sun has transferred 250 million USDTs to Binance in the past two hours
Analysis based on this information:
The founder of the Tron blockchain, Justin Sun, has made headlines yet again with his recent transfer of 400 million USDTs. The transaction occurred on March 13th, and it was captured by Lookonchain data. According to the data, Sun had cast the 400 million USDTs within just two hours, and he had sent a total of 250 million USDTs to Binance.
This is not the first time that Justin Sun has made significant moves in the cryptocurrency world. He is known for his strategic investments, partnerships, and acquisitions. In 2018, Tron acquired BitTorrent, making it the largest decentralized file-sharing network in the world. Sun also made headlines by inviting Warren Buffet to lunch, which resulted in a much-publicized debacle.
The recent transfer of 400 million USDTs is undoubtedly a significant move, and it indicates that Justin Sun is actively involved in the cryptocurrency market. USDTs are a type of stablecoin that is pegged to the US dollar, and they are widely used for trading and investing in cryptocurrencies. By transferring such a large amount of USDTs, Sun could be making a strategic investment or gearing up for more significant moves in the future.
Binance is one of the largest cryptocurrency exchanges in the world, and it offers a wide variety of trading pairs with USDTs. It is not clear why Sun chose Binance as the recipient of the 250 million USDTs, but it could be because of the exchange’s liquidity and reputation in the market.
Overall, Justin Sun’s recent transfer of 400 million USDTs has caused much buzz in the cryptocurrency world. It is unclear what Sun’s motivations are, but it is evident that he is still an active player in the market. We can expect to see more news about Justin Sun and Tron in the coming months.
In conclusion, Justin Sun’s recent transfer of 400 million USDTs to Binance is a significant move in the cryptocurrency market. It indicates that Sun is still active in the market and could be gearing up for more significant moves in the future. The transfer also demonstrates the importance of stablecoins like USDTs in the cryptocurrency world.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/crypto/7901.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
Spanish National Data Protection Agency Launches Probe into ChatGPT
According to reports, the Spanish National Data Protection Agency issued a statement on April 13th local time, stating that the agency has officially launched a preliminary investi
-
Investor Files Class Action Against BlockFi and Gemini
On March 2, an investor who was frozen nearly US $2 million in BlockFi, a bankrupt cryptocurrency lending institution, filed a class action against its founder…
-
What does eth3 mean
what does eth * 3 mean? According to the official statement of Ethereum, eth3 is the same as ETH1.0 to some extent. From the current version, it is more like a sharding than a chain If someone wants to use merging to build their own network in a new way, they can implement merging as a protocol upgrade. But what impact will this upgrade bring? This sounds simple because after merging, the system will undergo changes without causing any damage or interference to the entire system. Therefore, the merger will become a blockchain, allowing everyone to have their own tokens and serve other users as well However, there are also inaccuracies in this: the merged eth2, eth3, etc. are all different types of code, and the differences between them are very significant. (Note: Translators in order)
-
FIL Soaring in Market with a Warning for Investors
It is reported that the market shows that FIL has broken through US $8 and is now reported at US $8.04, with a daily increase of 5.65%. The market is volatile,…
-
What is the dForce token (fin token)?
What is the dForce token? On October 18, dForce official stated on Twitter: \”Wh
-
ApeCoin DAO Proposes New Administrator and Delegated Functions for APE Foundation
It is reported that ApeCoin DAO has launched a new proposal vote to elect a new administrator for the APE Foundation and perform certain functions in the Cayma…
-
ETH 2.0 Pledges Cross $27 Billion Mark as 547,100 Addresses Participate
According to the report, the data shows that the total number of pledges of ETH 2.0 has exceeded 17081815, with a value of about US $27.385 billion at the curr…
-
Binance set to launch the XVS 1-20 times U-standard perpetual contract
On April 12th, according to official news, Binance will launch the XVS 1-20 times U-standard perpetual contract at 10:30 on April 13th.
Binance will launch XVS 1-20 times U-standar -
Tencent Developing ChatGPT Chat Robots: What You Need to Know
On March 30th, Tang Daosheng, senior executive vice president of Tencent Group and CEO of Cloud and Smart Industry Group, told reporters that Tencent was developing ChatGPT chat ro
-
Sotheby’s and UnicornDAO Partner for International Women’s Day Art Auction
It is reported that Sotheby\’s and the digital art group UnicornDAO jointly held the International Women\’s Day art auction \”My Body, My Business\”.
Sothe…