Justin Sun, the founder of TRON and the owner of Huobi (HTX) and Poloniex crypto exchanges, engaged in recent transactions based on on-chain data.
Per Lookonchain, a cryptocurrency analysis company, Sun executed trades involving 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 Binance halted trading.
At the time of writing, the cryptocurrency billionaire holds $1.4 billion in assets in known wallets. Since the start of December, Sun has accrued profits of around $310 million.
A substantial portion of Sun’s assets is tied to his cryptocurrency ecosystem. He possesses TRX valued at $226 million, BTT tokens totaling $125 million, USDD valued at $278 million, STUSDT at $48 million, WTRX at $38.88 million, and JST tokens at $24 million.
However, Sun’s assets, which stood at $3.19 billion at the beginning of 2022, seem to have been significantly impacted by market declines. Notably, recent incidents involving hacking on HTX and Poloniex exchanges resulted in the theft of a substantial amount of cryptocurrency.