Justin Sun Shares HTX Screenshot of His Account Holding $1.6B Bitcoin
Tron founder Justin Sun showcased his Bitcoin holdings using the social media platform X — in a screenshot, Sun shared that his HTX account contained 28,614 Bitcoin which is worth $1.6 billion.
Using the social media platform X, Sun went on to post: “Personally, I use almost all main exchanges and am a supporter of those exchanges. However, if someone says I seldom use HTX.com, that would be inaccurate. I am a heavy user of HTX. My personal use of HTX is the same as all HTX users, believing and trading.”
China-born entrepreneur Sun, is an advisor of the cryptocurrency exchange HTX, which was formerly known as Huobi Global. It emerged recently that HTX withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website. HTX has not disclosed its reason for withdrawal.
In January it emerged that Sun, withdrew $60 million worth of altcoins from the cryptocurrency exchange Binance in one month, as reported by Sujha Sundararajan at Cryptonews.
Per data from Lookonchain, Sun withdrew the maximum assets in Ethereum worth $43 million, followed by $6.7 million worth of Aave, $6.3 million in Shiba Inu and other assets including Chainlink and Decentraland. “Since Dec 18, 2023, Justin Sun has withdrawn $60M assets from Binance,” Lookonchain, an on-chain intelligence provider, wrote.
On December 18, a wallet linked to the crypto billionaire showed withdrawals of 500 billion SHIB (worth $5.1 million). On a consecutive day, the wallet made another withdrawal of 70 billion SHIB (approximately $900,000). The report comes days after the HTX exchange and HTX DAO were hit by a distributed denial-of-service attack.
In March last year, the U.S. Securities and Exchange Commission
