"Signs Justin Sun moved 221.5 billion won worth of BitGo-held Bitcoin to personal wallet"
Minseung Kang
Summary
- There are signs that Justin Sun moved about $150 million worth of Bitcoin from a custody wallet to a personal wallet.
- On-chain analysis account Bubblemaps said the transfer moved to an address presumed to be Sun's personal wallet.
- Bubblemaps said it is being watched whether additional large movements will follow this transfer.
Justin Sun (Justin Sun), Tron founder, is reported to have moved about $150 million worth of Bitcoin (BTC) from a custody (custodial) wallet to his personal wallet.
On the 24th (local time), on-chain analysis account Bubblemaps said, "The BitGo (BitGo) custody wallet address (starting with 3AdKaa) transferred about $150 million (about 221.5 billion won) worth of BTC to an address (starting with 1Apv2E) presumed to be Sun's personal wallet."
Bubblemaps said regarding this transfer, "It remains to be seen whether additional large movements will occur."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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