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According to the blockchain tracker Whale Alert, a major holder of the Tron cryptocurrency has carried out a large-scale transfer of digital assets from one wallet to another. He transferred 99,999,998 TRX from his Binance account to his wallet. This amount is equivalent to $6.11 million at the time of the transaction.
According to analysts, this vault is not identified in any way and it does not belong to large trading platforms. Previously, this wallet did not participate in such serious transactions. The transfer was made at 16:35 Moscow time on March 9, 2022.
Many social media users reacted violently to this event. They noted that such large transactions have not yet been carried out in this network this year. Some of them emphasized that this is a positive factor for the price of the crypto asset.
In their opinion, a large cryptocurrency holder positively assessed the prospects for growth in the value of a virtual asset and that is why he decided to withdraw the coins from the exchange. They also expressed confidence that this is due to the good results of this startup.
Last week on March 4, it became the fastest growing public blockchain when it reached over 80 million accounts and 2.9 billion transactions.
Earlier, Crypto.ru reported that Tron project co-founder Justin Sun, who left the development team, announced that he had acquired a non-fungible token (NFT) from the popular Bored Ape Yacht Club Tron (BAYCTron) collection.
The entrepreneur did not stint on his purchase. He decided to choose a monkey depicted in the style of the comic book and movie hero Joker from the DC Universe. The businessman spent about $15 million on this piece of digital art. This token has become the most expensive token in Sun’s collection.
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