Onchain analytics platform Lookonchain reported that Tron (TRX) founder Justin Sun made a depeg of $3.3 million by performing a depeg.
erupted recently to stablecoins developments continue. One of the popular onchain platforms lookonchainpossibly as a result of its published reports. Justin sun He states that a crypto wallet affiliated with . Reporting the data of the transaction performed lookonchain, depegof approximately 3, 3 millionHe stressed that it was worth the dollar.
Data on Justin Sun’s USDC Transactions Shared
Sharing detailed information about the depeg process lookonchain, after address 0xbcb7 is stablecoin depeg aavefrom 50 million USDC stated that he did. The address is then USDCequal to DAIexchanged it with DAIWithdrawn over 30 million USDC from Binance to exchange it with
The same address when the process proceeds BinanceWithdrawing 214.9 million USDT from , 100 million of this 103, 3million USDC appears to have been exchanged. The address is also DAIfor USDCbefore swapping 75 millionUSDT 75, 5 million Replaced it with DAI. With the USDC revaluation, the address 30 millionwith USDT 20 millionWhen purchasing USDC 30 millionDAI 30 millionExchanged with USDC. 50 millionof USDC all then sent to a new address 0x30Dff.
Also, address 0x30Dff received 100 million USDC from Justin Sun and is likely Transferred 150 million USDC to Coinbase to convert to USD.
