Justin Sun Sells his LINK Tokens
Founder of TRON, Justin Sun, Sells Altcoin for the First Time
Justin Sun, the founder of TRON, who has been attracting attention with his altcoin purchases and cryptocurrency market statements for some time now, made a new move this morning by selling a certain amount of Chainlink cryptocurrency.
According to information provided by PeckShieldAlert, an address tagged as belonging to Justin Sun sold approximately 35 thousand units of Chainlink (LINK) and received in return 703.52 thousand US dollars in the USDC cryptocurrency. Sun then transferred these USDC funds to the HTX wallet.
Through this transaction, Sun made a profit of $114,000. Interestingly, although this is the first time Justin Sun has sold Chainlink, he still holds 18,000 units of the cryptocurrency, valued at approximately $350,000.
It is worth noting that at the time of writing this article, Chainlink still maintains a price of $19.48.
Justin Sun's move may be interpreted as an individual investment strategy.
*This is not financial advice
