According to Mars Finance, market sources indicate that Justin Sun withdrew 621,071 XVS tokens from Binance two years ago at an average price of $12.21, worth $7.58 million. After holding these tokens for over two years, the address has transferred all of its tokens to a new address for the first time; the ownership of the receiving address is currently unknown. During the holding period, the price of XVS fell by nearly 75%, and its current value is only about $1.95 million.
Following the attack on Venus, Justin Sun XVS holdings, which he has held for over two years, have shown unusual activity and are currently showing a paper loss of approximately 75%.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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