Justin Sun Unveils He Owns 28,613 BTC
Tron founder Justin Sun shared a screenshot that appeared to show 28,613 BTC in his HTX wallet, totaling approximately $1.6 billion. This was in response to comments suggesting that Sun does not regularly use the platform, despite his role as a global advisor.
Sun clarified that he actively uses HTX in addition to other major exchanges and is a strong supporter of them. He stated that he trades and believes in HTX like any other user.
This move could be an attempt by Sun to draw attention to the trading platform. In August 2023, HTX experienced a significant outflow of funds amid rumors of potential insolvency, resulting in a decrease of around $54 million in blocked assets.
During the same month, Sun publicly acknowledged that the company was not profitable. The exchange has recorded no net profit in the last four quarters. In December, the outflow of funds from HTX increased to $258 million.
