HomeNewscoinquora.comTron Founder Makes Twitter Abuzz (Again), Moves $55M ETH to Binance

Tron Founder Makes Twitter Abuzz (Again), Moves $55M ETH to Binance

- Advertisement -


  • TRON Founder Justin Sun has moved 19,000 ETH ($55 million) to Binance.
  • Some members of the crypto community grew anxious about this news, fearing an impending price drop.
  • Sun previously drew flak on Twitter after calling out Ukraine for “unfair” treatment.

TRON Founder Justin Sun has sent 19,000 Ethereum (ETH), worth $55 million, to crypto exchange Binance, which worried some users.

A blockchain journalist and insider reported that on March 2, at 9 PM (UTC +8), a huge ETH transaction took place in the leading crypto exchange. It was revealed that a wallet address owned by Sun moved 19,000 ETH to Binance. The ETH in question has a total value of $55 million.

Some members of the crypto community took to Twitter to share their reactions regarding the massive transaction that happened on Wednesday night.

One user warned that Sun, along with Three Arrow Capital Co-founder Zhu Su, is oftentimes bullish on Twitter, suggesting that the businessman should be tracked closely.

A user also suggested Sun is looking to sell his digital assets, tweeting:

Notably, when a holder moves a huge amount of crypto, the community sees this as a red flag that the coin will soon dip in price.

Multiple sources, however, suggested Sun, while moving coins between internal wallets of his ecosystem, has no intention to sell.

Before this, the entrepreneur drew flak on Twitter for calling out Ukraine’s “unfair” treatment of the TRON community.

Before Ukraine canceled its airdrop, it promised to deliver crypto rewards to its donors, including the Polkadot community. However, TRON was left out of this list, upsetting Sun, who replied to Ukraine’s thread in a series of now-deleted tweets.

Sun stated TRON donated $1.2 million in USDT, “but now the airdrop just ignores them completely.” He added, “It is just UNFAIR. We need to fix it!”

Twitter users swarmed Sun, with one user pointing out that the people of Ukraine are “dodging actual bullets right at this moment and ducking actual bombs right now?? [sic]” The user continued, “And you’re demanding they stop what they’re doing and give you [an] airdrop.”

Meanwhile, Sun’s wallet holds a balance of 298,146 Ethereum worth over $867 million as of writing.





Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,580FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 41,535.00
ethereum
Ethereum (ETH) $ 2,735.25
tether
Tether (USDT) $ 0.998336
bitcoin-cash
Bitcoin Cash (BCH) $ 306.71
litecoin
Litecoin (LTC) $ 107.35
eos
EOS (EOS) $ 2.10
okb
OKB (OKB) $ 19.02
tezos
Tezos (XTZ) $ 3.29
leo-token
LEO Token (LEO) $ 5.53
cardano
Cardano (ADA) $ 0.887613
monero
Monero (XMR) $ 171.63
stellar
Stellar (XLM) $ 0.183687
chainlink
Chainlink (LINK) $ 14.45
huobi-token
Huobi Token (HT) $ 9.42
tron
TRON (TRX) $ 0.059499
usd-coin
USD Coin (USDC) $ 0.997559
dash
Dash (DASH) $ 95.63
neo
NEO (NEO) $ 22.85
iota
IOTA (MIOTA) $ 0.755058
nem
NEM (XEM) $ 0.100517
zcash
Zcash (ZEC) $ 122.80
maker
Maker (MKR) $ 1,928.09
paxos-standard
Pax Dollar (USDP) $ 0.996296
ethereum-classic
Ethereum Classic (ETC) $ 29.32
vechain
VeChain (VET) $ 0.052803
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 43.33
kucoin-shares
KuCoin Token (KCS) $ 19.17
waves
Waves (WAVES) $ 19.25