Tron founder Justin Sun, one of the most controversial names in the cryptocurrency world, seems to have taken advantage of the recent decline and made a purchase, according to onchain data.
According to the data, Justin Sun bought Mantra (OM) and Aave ($AAVE).
According to data obtained by examining known cryptocurrency wallets belonging to Justin Sun, Sun purchased 250 thousand OM worth $ 1.72 million and 2,500 $AAVE worth $ 535 thousand. The tokens in question were transferred from the multisig wallets of Poloniex, a cryptocurrency exchange known to belong to Sun.
This marks Sun's first OM purchase to date, and it has not made an $AAVE purchase of this size in the past nine months.
One of the wealthiest and most controversial names in the cryptocurrency world, Sun currently has a total of $1.12 billion worth of assets in his well-known cryptocurrency wallets. Almost all of these consist of Justin Sun-related altcoins, while $5.63 million worth of SHIB and $4 million worth of USDT stand out.
*This is not investment advice.