Justin Sun Expands His Portfolio with Four Alternative Cryptocurrencies Acquired on Binance

Justin Sun, founder of TRON and owner of Huobi (HTX) and Poloniex cryptocurrency exchanges, made new transactions according to on-chain data.

“According to recent data derived from blockchain records, Justin Sun, the founder of Tron (TRX), has made new investments by acquiring four alternative cryptocurrencies through the Binance platform.”

Cryptocurrency magnate Justin Sun currently holds assets valued at approximately $1.4 billion in identified wallets. Since early December, Sun has realized an estimated profit of around $310 million.

A notable portion of Sun’s holdings is tied up in various components of his own digital currency network. He possesses TRX tokens valued at $226 million, BTT tokens amounting to $125 million, USDD totaling $278 million, STUSDT at $48 million, WTRX worth $38.88 million, and JST tokens valued at $24 million.

However, there’s a noticeable decrease in Sun’s overall wealth, which stood at $3.19 billion at the start of 2022, indicating a substantial impact from market downturns. Additionally, there have been recent security breaches at the HTX and Poloniex exchanges, leading to significant losses in cryptocurrencies.

*This information should not be considered as financial advice.

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