Tag: $TRX
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Justin Sun Withdraws $209 Million in ETH from Lido
Justin Sun, founder of TRON, has applied to withdraw 52,905 ETH, valued at $209 million, from Lido Finance. The move follows his ongoing Ethereum accumulation strategy, under which he allegedly acquired 392,474 ETH at an average price of $3,027, now reflecting an estimated profit of $349 million. This withdrawal isn’t Sun’s first major ETH move.…
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TRON developing gas-free stablecoin transactions.
TRON founder Justin Sun announced that his team is developing a stablecoin solution aimed at increasing institutional adoption of such assets. On July 6, Sun revealed that a gas-free stablecoin solution will be launched on the TRON network in the fourth quarter of this year. In conclusion, market experts predict that demand for stablecoins will…