The post Huobi Reportedly Transfers 74 Million Tokens To Justin Sun appeared first on Coinpedia Fintech News
Justin Sun told Bloomberg News on October 14 that he holds “tens of millions of Huobi tokens confirming that he is one of the top holders of Huobi tokens.
Soon after the Bloomberg news, WuBlockchain disclosed that 74 million were transferred from Huobi’s official wallets to accounts associated with Justin Sun.
On October 13, Tron founder’s Poloniex exchange interacted with two Huobi wallets, transferring 32 million and 42 million Huobi tokens to two new addresses.
According to WuBlockchain, the transferred tokens might be related to Huobi’s acquisition deal, which Justin Sun reportedly facilitated.
Huobi’s HT token has increased 86% in the previous seven days after Justin Sun joined the crypto exchange.
Source: https://coinpedia.org/crypto-live-news/huobi-reportedly-transfers-74-million-tokens-to-justin-sun/