Justin Sun’s $20M Transfer To Binance Turns Heads Amid BNB Crash
- Justin Sun withdraws 20 million USDT from Aave and deposits it into Binance.
- This transaction sparks mixed reactions within the crypto community.
- BNB experiences a sudden price surge within an hour following Sun’s transfer.
The crypto market experienced a sudden surge of activity as Justin Sun, the well-known founder of TRON (TRX), made a significant USDT transfer to Binance against the backdrop of a 22% decline in Binance Coin (BNB) over the past week.
Sun’s move to withdraw 20 million USDT from Aave and deposit the exact amount into Binance has sparked speculation and mixed reactions within the crypto community.
The news broke when Lookonchain, a prominent market tracker, shared the transfer details via Twitter. In the comments section, crypto enthusiasts expressed their opinions on Sun’s action and its potential impact on BNB.
One enthusiast suggested Sun’s move was an attempt to save BNB from its recent downtrend, labeling it “crazy, literally.” Others w…
The post Justin Sun’s $20M Transfer To Binance Turns Heads Amid BNB Crash appeared first on Coin Edition.
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Justin Sun’s $20M Transfer To Binance Turns Heads Amid BNB Crash
- Justin Sun withdraws 20 million USDT from Aave and deposits it into Binance.
- This transaction sparks mixed reactions within the crypto community.
- BNB experiences a sudden price surge within an hour following Sun’s transfer.
The crypto market experienced a sudden surge of activity as Justin Sun, the well-known founder of TRON (TRX), made a significant USDT transfer to Binance against the backdrop of a 22% decline in Binance Coin (BNB) over the past week.
Sun’s move to withdraw 20 million USDT from Aave and deposit the exact amount into Binance has sparked speculation and mixed reactions within the crypto community.
The news broke when Lookonchain, a prominent market tracker, shared the transfer details via Twitter. In the comments section, crypto enthusiasts expressed their opinions on Sun’s action and its potential impact on BNB.
One enthusiast suggested Sun’s move was an attempt to save BNB from its recent downtrend, labeling it “crazy, literally.” Others w…
The post Justin Sun’s $20M Transfer To Binance Turns Heads Amid BNB Crash appeared first on Coin Edition.
Read More