According to Lookonchain on Twitter, Tron's founder Justin Sun withdrew 50 million BUSD from Binance and 7.4 million BUSD from Aave. Then deposited 58 million BUSD into Paxos Treasury.
Justin Sun cashed out $58 million in fiat currency.
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Tron’s Founder Justin Sun Withdrew 58 Million BUSD to Cashout
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Cointime August 4 News Express
1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX -
Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches. -
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According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending. -
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Former US President Donald Trump is reportedly planning to release a fourth NFT collection, as he continues to embrace the crypto industry. In a recent interview with Bloomberg Businessweek, Trump stated that his previous NFT collections were "very successful" and sold out in a day. He also revealed that he plans to release another collection, as his supporters are demanding it. Trump's campaign has also started accepting crypto donations, and he has been vocal about the importance of the US not falling behind China in the crypto industry. -
Justin Sun has deposited 166 million USDT to Binance in the past 7 hours
According to on-chain analyst @ai_9684xtpa, in the past 7 hours, Sun Yuchen has accumulated a total of 166 million USDT deposited into Binance. -
Justin Sun redeemed 85.53 million USDT from JustLend 4 hours ago and immediately transferred it to Binance
As monitored by on-chain analyst Yu Jin, 4 hours ago, Sun Yuchen's Tron address (TXN...752) redeemed 85.53 million USDT from JustLend and immediately transferred it to Binance. -
Suspected Justin Sun address purchased more than 150,000 ETH in 12 days, worth US$430 million
Lookonchain monitoring data shows that 10 minutes ago, a wallet suspected to belong to Sun Yuchen purchased 18,616 ETH (worth $54.57 million) from Binance again. This wallet has purchased 151,196 ETH worth $435.3 million from Binance and DEX at a cost of $2,879 in less than 12 days.
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