Justin Sun’s Wallet Moved $164M USDC To Circle And Lots Of Transactions In Progress

In the crypto security firm’s latest discovery, Justin Sun’s labeled wallet address is experiencing a series of large transactions. Open where 164 million USDC transaction is transferred to Circle.

On October 14, according to PeckshieldAlert monitoring data, addresses starting with 0x611F marked “Justin Sun” on the chain withdrew approximately $165 million USDC from Aave: Lending Pool V2. Of that, $164 million was transferred to Circle.

Another transaction on the same wallet address provided about $2.1 million USDC to Aave.

About an hour ago, another address labeled as Justin sun 0x3Dd withdrew about 20 million TUSD from Aave Protocol V2 and transferred to Binance.

The meaning of the chain of transactions made by the founder of TRON is still unclear. However, every movement of whale wallets attracts attention because whales are an important link in the direction of the market, even though price changes are driven by all retail investors.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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