On the evening of October 13, 74 million Huobi Tokens (HT) were transferred from 2 official Huobi wallets to 2 new wallet addresses. In which 0x051… 602f holds nearly 42 million, 0x120 … 7462 has increased its holdings to 32 million.
2 wallet addresses are suspected to be from the founder of TRON since the first transactions are from Poloniex. Besides in the interview reported today by Bloomberg, Sun also shared that he has held tens of millions of HT.
These two official Huobi wallets HT have been empty. The first transaction of these two new addresses was from Justin Sun’s withdrawal of ETH from the P network as gas the day before. Therefore, it is possible that after Tron’s founder acquired Huobi, Huobi held some HT transferred to Justin Sun’s wallet.
Previously, he said that Binance’s success lies with BNB, so he will focus on empowering HT. HT price has increased 80% in the past seven days. It is currently impossible to determine whether the HT currently held by Justin Sun was purchased or acquired by Huobi by accident.
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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