Justin Sun Bought Two Altcoins Today – Buying One For The First Time Ever

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Bitcoinsistemi2025/03/08 10:11

By:Mete Demiralp

Justin Sun, one of the wealthiest names in the cryptocurrency world, purchased altcoins according to onchain data.

Tron founder Justin Sun, one of the most controversial names in the cryptocurrency world, seems to have taken advantage of the recent decline and made a purchase, according to onchain data.

According to the data, Justin Sun bought Mantra (OM) and Aave (AAVE).

According to data obtained by examining known cryptocurrency wallets belonging to Justin Sun, Sun purchased 250 thousand OM worth $ 1.72 million and 2,500 AAVE worth $ 535 thousand. The tokens in question were transferred from the multisig wallets of Poloniex, a cryptocurrency exchange known to belong to Sun.

This marks Sun's first OM purchase to date, and it has not made an AAVE purchase of this size in the past nine months.

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One of the wealthiest and most controversial names in the cryptocurrency world, Sun currently has a total of $1.12 billion worth of assets in his well-known cryptocurrency wallets. Almost all of these consist of Justin Sun-related altcoins, while $5.63 million worth of SHIB and $4 million worth of USDT stand out.

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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