A blockchain journalist and insider reported that on March 2, at 9 PM (UTC +8), a huge ETH transaction took place in the leading crypto exchange. It was revealed that a wallet address owned by Sun moved 19,000 ETH to Binance. The ETH in question has a total value of $55 million.
One user warned that Sun, along with Three Arrow Capital Co-founder Zhu Su, is oftentimes bullish on Twitter, suggesting that the businessman should be tracked closely.
A user also suggested Sun is looking to sell his digital assets, tweeting:
Multiple sources, however, suggested Sun, while moving coins between internal wallets of his ecosystem, has no intention to sell.
Before this, the entrepreneur drew flak on Twitter for calling out Ukraine’s “unfair” treatment of the TRON community.
Before Ukraine canceled its airdrop, it promised to deliver crypto rewards to its donors, including the Polkadot community. However, TRON was left out of this list, upsetting Sun, who replied to Ukraine’s thread in a series of now-deleted tweets.
Sun stated TRON donated $1.2 million in USDT, “but now the airdrop just ignores them completely.” He added, “It is just UNFAIR. We need to fix it!”
Twitter users swarmed Sun, with one user pointing out that the people of Ukraine are “dodging actual bullets right at this moment and ducking actual bombs right now?? [sic]” The user continued, “And you’re demanding they stop what they’re doing and give you [an] airdrop.”
Meanwhile, Sun’s wallet holds a balance of 298,146 Ethereum worth over $867 million as of writing.
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