• Lookonchain revealed in a tweet today that Justin Sun sent 23K ETH to Poloniex in the past 24 hours.
• TRX’s price climbed 1.40% during the time the transfer was made, and stood at $0.07904 as a result.
• A bearish chart pattern on TRX’s daily chart suggested that the crypto’s price may drop in the next few days.

Lookonchain, the blockchain tracking firm, revealed in a tweet earlier today that Justin Sun, who is the founder of Tron (TRX), transferred 23,000 Ethereum (ETH) to Poloniex earlier today. According to the post, he sent around $43 million to the exchange platform in this latest transaction.

The tweet noted that the founder has made 7 large ETH transactions to Poloniex over the past year. On-chain data indicates that the total value transferred in these transactions is 67,500 ETH, which is approximately $126 million.

In related news, the price of ETH stood at $1,860.37 at press time accor…

The post Tron (TRX) Gains as Justin Sun Sends 23K ETH to Poloniex appeared first on Coin Edition.

• Lookonchain revealed in a tweet today that Justin Sun sent 23K ETH to Poloniex in the past 24 hours.
• TRX’s price climbed 1.40% during the time the transfer was made, and stood at $0.07904 as a result.
• A bearish chart pattern on TRX’s daily chart suggested that the crypto’s price may drop in the next few days.

Lookonchain, the blockchain tracking firm, revealed in a tweet earlier today that Justin Sun, who is the founder of Tron (TRX), transferred 23,000 Ethereum (ETH) to Poloniex earlier today. According to the post, he sent around $43 million to the exchange platform in this latest transaction.

The tweet noted that the founder has made 7 large ETH transactions to Poloniex over the past year. On-chain data indicates that the total value transferred in these transactions is 67,500 ETH, which is approximately $126 million.

In related news, the price of ETH stood at $1,860.37 at press time accor…

The post Tron (TRX) Gains as Justin Sun Sends 23K ETH to Poloniex appeared first on Coin Edition.