TRON Founder Justin Sun Denies ETH Sell-Off Rumors, Reasserts Long-Term Confidence in Ethereum EcosystemOn December 24th (Beijing time), Justin Sun, founder of the TRON blockchain, issued a statement on X (formerly Twitter) refuting circulating rumors that TRON had sold off its Ethereum (ETH) holdings. Sun explicitly denied these claims, explaining that the large ETH transfers observed on the network were internal transfers between different TRON wallets, not a liquidation as speculated
TRON Founder Justin Sun Denies ETH Sell-Off Rumors, Reasserts Long-Term Confidence in Ethereum Ecosystem
On December 24th (Beijing time), Justin Sun, founder of the TRON blockchain, issued a statement on X (formerly Twitter) refuting circulating rumors that TRON had sold off its Ethereum (ETH) holdings. Sun explicitly denied these claims, explaining that the large ETH transfers observed on the network were internal transfers between different TRON wallets, not a liquidation as speculated.
Sun further emphasized TRON's continued long-term bullish outlook on the Ethereum ecosystem. The statement aimed to clarify the online misunderstanding, maintain market order, and reiterate TRON's persistent confidence in Ethereum.
Sun's response helped to alleviate some market volatility and provided a degree of stability to Ethereum's market sentiment. However, specific details and the scale of the internal transfers remain undisclosed.
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