November 27, 2023

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Justin Sun Acquires 4 Altcoins on Binance

December 18, 2023

Justin Sun's Recent Transactions

Founder of TRON and owner of Huobi (HTX) and Poloniex, Justin Sun, engaged in transactions, as per on-chain data.

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Transaction Details

Sun traded 127,510 LINK ($1.85 million), 202,385 STORJ ($200 thousand), 53.68B PEPE ($76.7 thousand), and 13,904 DYDX ($43 thousand) approximately an hour before a significant Binance pullback.

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Justin Sun holds $1.4 billion in known wallet assets, with a recent profit of around $310 million since the beginning of December.

Total Assets and Recent Profit

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A substantial portion of Sun's assets is within his cryptocurrency ecosystem, including TRX, BTT, USDD, STUSDT, WTRX, and JST tokens, totaling in the hundreds of millions.

Composition of Assets

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Sun's assets, which were $3.19 billion at the start of 2022, have been significantly affected by recent declines in the market.

Impact of Declines

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Security Incidents

HTX and Poloniex, owned by Sun, recently experienced a hacking incident resulting in a substantial loss of cryptocurrency funds.

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Challenges in 2022

Sun's overall assets have faced challenges in 2022, influenced by market declines and security incidents affecting his cryptocurrency exchanges.

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