While the crypto market is experiencing sharp declines today, TRON founder Justin Sun’s withdrawal of nearly $2 billion in assets from his personal crypto wallet drew attention. So much so that Twitter led to the claims that “Sun is coming out of the market” in the crypto world. The inventor of TRON, on the other hand, shared a tweet stating that the move is not for sale and will continue to buy. For details Cryptocoin. com read…
TRON founder’s move interpreted as “going out of the market”
Justin Sun, the founder of TRON, a blockchain-based decentralized digital platform with its own cryptocurrency called Tronix or TRX, transferred nearly $2 billion worth of crypto money from his personal wallet to another wallet prior to the sharp drop in leading crypto and its successor altcoins. . Sun transferred approximately 7,022 WBTC and 340,161 Ethereum (approximately $1.755 billion) from address starting with “0x3ddfa” to wallet address 0x176f3d.
When this high-stakes move started to spread on Twitter, followed by a big wave of sales, “Justin Sun is going to sell out. It is being withdrawn from the market”. The inventor of TRON was quick to respond to these rumors on his Twitter account:
I didn’t sell ETH today, I transferred it to my wallet for storage in another cold wallet! I am very optimistic about the market and will continue to buy, hodl and build the world of TRON and Blockchain! BTFD! (*BTFD – Buy that damn bottom)
Tronner Justin Sun was one of the bullshit names of 2017’s bull season. It is known that there were serious rises in TRX after the speeches of Justin Sun, who is known for “explaining the explanation”.