$2.5M in Altcoins are transferred by Justin Sun-labeled Wallets to Binance and Huobi.
$2.5M in Altcoins are transferred by Justin Sun-labeled Wallets to Binance and Huobi.
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Two distinct centralized exchanges received $2.7 million worth of bitcoins from purported Justin Sun wallets, the inventor of Tron.

One wallet transmitted $891k in CRV, $38.9k in GAL, and $1.6 million in DYDX to Binance, while the other account sent $181k in HT to Huobi, according to a tweet from blockchain security firm Peck Shield.

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Huobi’s native cryptocurrency is called HT, and Sun is the exchange’s largest shareholder. He was appointed an advisor to the board of the business in October. Huobi is the fourth-largest cryptocurrency exchange in the world, with a 24-hour trading volume of more than $370 million. The Singapore-based corporation has recently experienced issues with withdrawals, liquidity, and now personnel reductions.

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Sun transferred $100 million worth of his stablecoins from Binance to Huo at the beginning of January, mostly as a result of the prolonged crypto winter and the subsequent collapse of FTX.

Justin Sun-labeled Wallets Transfer $2.5M in Alternative Cryptocurrencies to Binance and Huobi originally published on Coin Edition.

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