Bitcoin, the world’s largest cryptocurrency asset by market cap, is in the spotlight. Reports have revealed that Tron founder and Billionaire Justin Sun has significantly accumulated BTC.
Justin Sun Acquires $24 Million Worth Of Bitcoin
Lookonchain, one of the leading on-chain analytics firms, shared the information with the crypto community on the X (formerly Twitter) platform. According to data from the analytics firm, Justin Sun recently added about 519 Bitcoin to his portfolio.
The on-chain tracker noted that the Tron founder acquired the Bitcoin above before the price of BTC witnessed a notable rally. Specifically, this was before BTC broke out from a strong resistance line at the $48,000 price mark.
Data shows that the transaction was worth approximately $24.85 million as of the time of the report. However, with the current price of BTC, the transaction is now valued at about $25.95 million.
Reportedly, the Tron founder amassed the previously stated BTC from Binance – the wor
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