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Lookonchain Analyzes Suspected Justin Sun Address Significant Crypto Transactions

Lookonchain reports significant cryptocurrency transactions associated with a suspected address linked to Justin Sun. Over the past 32 hours, the address purchased 54,721 ETH, valued at $154.4 million, and made substantial withdrawals and deposits

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Suspected Justin Sun Address Moves $500 Million USDT in a Massive Whale Movement

A cryptocurrency address potentially linked to Justin Sun, founder of Tron and the Huobi Global exchange, reportedly withdrew a massive $500 million USDT from the DeFi platform JustLend before transferring it to HTX. This significant transaction, flagged by Whale Alert, has sparked speculation about Sun’s motives and potential impact on the cryptocurrency market.

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Huobi’s HT TOKEN Transforms into HTX as Exchange Announces New Changes

With the launch of the HTX TOKEN, Huobi aims to streamline its reward system and focus on platform functionality. Notably, the exchange will be “canceling almost all HT-related preferential functions,” including discounts on transaction fees. However, it will offer a conversion option, allowing HT TOKEN holders to exchange their old coins for HTX at a 1:1 ratio.

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