en.bitcoinsistemi.com
A new Ethereum transaction came from Tron (TRX) founder Justin Sun, who has made a name for himself with his transactions and critical moves in the cryptocurrency market.
Justin Sun, who frequently makes headlines with his Ethereum purchases or $ETH transactions, transferred $37 million worth of $ETH to Aave.
According to a post by blockchain security firm PeckShieldAlert, an address believed to belong to TRON founder Justin Sun recently transferred 14,000 $ETH worth $37 million to crypto lending protocol Aave.
Having locked these ETHs in Aave, Sun then withdrew 300 $ETH and an additional 400,000 $USDT from Aave and transferred them to the Poloniex exchange.
#PeckShieldAlert #Justinsun-labeled address has withdrawn 13,691.5 $ETH & supplied 14K $ETH (worth ~$37M) to #$AAVE. the address has withdrawn 300 $ETH from $AAVE & transferred 300 $ETH & 400K $USDT to #Poloniex pic.twitter.com/eT207QFA8N
— PeckShieldAlert (@PeckShieldAlert) August 13, 2024
It was evaluated that the Tron founder could later create Ethereum or another altcoin.
Another address belonging to Tron founder Justin Sun deposited 16,236 $ETH (worth approximately $43.41 million) to the HTX crypto exchange last week.
*Not investment advice