en.bitcoinsistemi.com
Tron (TRX) founder Justin Sun, who attracted attention with his altcoin purchases and statements, made a new move.
On-chain analyst ai_9684xtpa said that the address connected to Justin Sun sold $2.86 million worth of $SUN tokens in two days.
According to the analyst, an address that has been accumulating $SUN tokens for the last three years could be linked to Tron founder Justin Sun or the Tron Foundation.
Accordingly, this address sold $SUN tokens worth $1.18 million yesterday, and then sold another $1.68 million today.
“The address that started accumulating $SUN three years ago may be the address related to Justin Sun or the TRON Foundation.
When I looked at transactions from three years ago, I saw that all 20+ addresses that were transacting with this wallet were flagged by Arkham as Brother Sun related addresses.
After selling $1.18 million worth of $SUN yesterday afternoon, the address sold another $1.68 million worth of tokens today.”
After these sales, the $SUN price dropped by 15%.
*This is not investment advice.