Justin Sun Transfers $15 Million Worth of ETH on Poloniex: Is He Cashing Out?

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Justin Sun Transfers $15 Million Worth of ETH on Poloniex: Is He Cashing Out?
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As justinsuntron makes another $15 million transaction, some investors are bracing themselves for a selling pressure spike

Sadly, Ethereum is not the only asset that has been actively moved by Sun: smaller altcoins like DYDX have also been on the radar of blockchain sleuths who have been tracking Sun's activity on the market. Historically, every time his own or an associated wallet transacts, the token's price almost immediately retraces.

However, the main wallet of Sun does not hold many ERC20 tokens as the total value of those assets is only at $15,000, and most of those currencies are not even liquid enough to sell. However, there is no way to know for sure how many wallets Sun owns exactly, as he clearly redistributes most of his funds among numerous wallets for both safety and privacy measures.

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