Ethereum

Bitcoin

Arkham

BitTorrent

In this downturn market, the overall cryptocurrencies are struggling to gain momentum amid this situation Tron founder Justin Sun’s wallet address (TPyjyZ…kgNan5) found moving tokens on Binance. Today on June 27, 2024, an intelligence firmArkham disclosed that a TPyjyZ…kgNan5 wallet linked to Sun has transferred a massive 173.821 million Tron (TRX) worth $21.37 million, a massive 120.149 billion BitTorrent (BTT) worth $105k, and 20.293 billion WIN worth $1.79 million to world’s biggest cryptocurrency exchange Binance at 17:00.&nbsp; Is Justin Sun dumping these tokens? 
Following this massive tokens deposit on Binance, the current holding of Sun is somewhere around $1.019 billion and it is down by $2.16 million in the last 24 hours. Despite massive deposits, the token price remains stable.&nbsp;
According to the data from coinmarketcap, BTT is currently moving near $0.00000088, and in the last 24 hours, it experienced a decent 0.7% upside move. If we look at the performance of BTT over a longer period, in the last 7 days it experienced a 1.4% downside move. Whereas, in the last 30 days, BTT lost nearly 26% of its value.&nbsp;
Looking at TRX, currently, it is moving near $0.123, and in the last 24 hours, it experienced a nearly 0.9% downside move. If we look at the performance of TRX over a longer period, in the last 7 days its price is up by 5.2%. Whereas, in the last 30 days TRX is up by 11%. However, the current deposit by Sun may create a potential downside move in the coming days. Whereas, WIN is currently moving near $0.000089 and in the last 24 hours it experienced only 0.38% of a downside move.&nbsp; Justin Sun’s recent activity 
Besides the recent deposit by Justin Sun, earlier in June on 21 and 24 Sun’s linked wallet accumulated a massive 23,338 Ethereum worth $18.97 million from Binance as reported by <a href="https://news.todayq.com/justin-sun-linked-wallets-grabs-14000-ether-amid-price-dump-report/" rel="noopener noreferrer nofollow">Todayq News.</a>&nbsp;
Despite Ether’s massive accumulation by Sun, Ethereum’s price is still struggling and remained stable for the last few days. Currently, ETH is moving near $3,430, and in the last 24 hours, it experienced a 1.65% upside move. Whereas, the world’s biggest cryptocurrency Bitcoin (BTC) is currently moving near $61,275, and in the last 24 hours it experienced a 0.31% downside move. However, the overall cryptocurrency market is down by 1%, and trading volume has dropped by 14%.

Justin Sun moves TRX, BTT, and WIN tokens, Is he selling?

Todayq News

Alte articole publicate pe 27 iun. 2024

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