Justin Sun Moves 100M USDT from AAVE to HTX Amid Tron's Integration with Huobi

IconCryptoNewsTerminal Staff04 Aug, 2024

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Justin Sun Moves 100M USDT from AAVE to HTX Amid Tron's Integration with Huobi

On-chain analyst @ai_9684xtpa reported via Twitter that "an address suspected to be of Tron founder Justin Sun (starting with 0x205) withdrew 100 million USDT from cryptocurrency lending protocol AAVE 20 minutes ago and deposited it to HTX (formerly Huobi)." The exchange confirmed that both Justin Sun and Tron will be deeply involved in Huobi's upcoming strategic development. The address currently holds 25.14 million USDT and 22,464 ETH (worth $77.04 million). Notably, Tron recently announced its integration with Huobi, fueling speculation that this transaction may be related to the partnership.