CandleFocus

Tron Founder Justin Sun's Large Transfer to HTX Exchange! Which Altcoin Did He Send? Here Are the Details

Justin Sun's team recently transferred 70,182 ETH (worth approximately $245 million) to HTX, a blockchain analytics platform. This is part of a series of deposits made by Sun since November 10, totaling 179,101 ETH (around $645 million). The majority of the recent transfer came from Lido Finance, with 42,905 ETH unlocked and redirected to HTX. Speculation has arisen regarding Sun's strategic intentions, including providing liquidity, staking initiatives, or preparations for new ventures. This highlights the growing role of platforms like HTX in facilitating significant transactions in the DeFi and staking sectors. These large-scale transfers also reinforce the importance of Ethereum in the decentralized finance space.

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