Justin Sun's Significant TRX and USDT Withdrawals from Binance
On December 3, 2025, a wallet associated with TRON founder Justin Sun withdrew 100 million TRX from Binance, valued at approximately $28 million, alongside a $5 million USDT transfer. These transactions were highlighted by Onchain Lens and reported by various crypto news outlets. The close timing of the TRX and USDT movements has led analysts to speculate that the actions were coordinated rather than routine. The wallet now reportedly holds around 492 million TRX, worth nearly $138 million, indicating a potential accumulation trend. Initial market reactions were subdued, with a slight increase in TRX price noted, suggesting that the withdrawal may alleviate sell pressure on exchanges. However, the future price direction will depend on the subsequent use of the withdrawn tokens. Justin Sun and TRON have not publicly commented on these transfers, leaving the motives open to speculation, including long-term storage, staking, or treasury management. The impact of these withdrawals on market dynamics remains to be seen.
