Justin Sun Reveals $1,622,357,100 Bitcoin (BTC) Stash Located on Crypto Exchange HTX – Here's Why
Billionaire and Tron (TRX) founder Justin Sun reveals his Bitcoin (BTC) holdings on crypto exchange HTX.
Sun tells his 3.5 million followers on social media platform X that his HTX account holds 28,613 BTC, worth about $1.62 billion at the time of writing.
Sun is an advisor to HTX, formerly known as Huobi, and he says he is disclosing his BTC holdings in response to critics who say he is not an active user of HTX.
“My personal HTX account balance (just for those who say I don't use HTX often)…
I personally use almost all major exchanges and am a supporter of these exchanges. However, if someone said that I rarely use HTX.com, that would be inaccurate. I am a heavy HTX user. My personal use of HTX is the same as that of all HTX users, beliefs and actions.”
Source: Justin Sun/X
Sun recently said that Tron – a smart contract blockchain chain he co-founded – is providing support for the Bitcoin Layer 2 scaling solution project Merlin Chain, which aims to “expand Bitcoin's interoperability, utilities and financial accessibility.” “.
And earlier this month, Sun announced a Layer 2 project roadmap for Tron that promises to increase project collaborations.
“Tron will work with multiple Bitcoin Layer 2 protocols and gradually announce significant partnerships. These collaborations will enable Tron users to participate in re-staking initiatives on the major Bitcoin Layer 2 networks, supporting the growth of the Bitcoin Layer 2 ecosystem with Tron’s diverse asset portfolio.”
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