Key Points:
Sun emphasized that this move aimed to reaffirm his active utilization of HTX. As of February 1, 2024, HTX reserve certificates disclosed holdings of 540 million USDT, 21,543 BTC, 109,000 ETH, and 9.4 billion TRX. Comparisons indicate Justin Sun HTX account potentially exceeds half of HTX’s reserves, stirring discussions within the cryptocurrency community.
Sun’s remarks didn’t stop there. He asserted his extensive use of HTX, rebutting claims of infrequent engagement with the platform. “I am a heavy user of HTX,” Sun stated, aligning his personal usage with the broader HTX community.
In a surprising twist, Sun claimed that Warren Buffett, a notable Bitcoin critic, still retains the Bitcoin gifted to him in 2020. Despite Buffett’s staunch criticisms of Bitcoin as ‘rat poison squared,’ Sun’s revelation hints at a shift in the billionaire investor’s stance on cryptocurrencies.
This revelation coincides with Bitcoin’s surge, partly fueled by MicroStrategy‘s acquisition of 3,000 BTC, drawing parallels between MicroStrategy’s CEO Michael Saylor and Buffett himself.
Additionally, speculation surfaced regarding Sun’s potential involvement in the acquisition of $160.7 million worth of ETH, based on associated addresses. Ethereum’s recent surge towards the $3,250 mark has been attributed to whale activities, spot ETH ETFs, and the forthcoming Dencun upgrade.
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. |
Discover the best cryptos to buy and hold today: Qubetics leads with 1000x potential, Ethereum…
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
This website uses cookies.