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Justin Sun: TRX deposits and withdrawals on Poloniex have been fully restored

Sun Yuchen stated on social media that TRX deposit and withdrawal on Poloniex have been fully restored, and BTC and ETH will be next.

FTX address transferred $7.8 million worth of TRX to Binance

PeckShield monitoring shows that an FTX address transferred $7.8 million worth of TRX to Binance 8 hours ago.

Addresses marked as FTX have transferred approximately 58.86 million TRX to CEX

According to PeckShield monitoring, an address marked as FTX has transferred approximately 58.86 million TRX (approximately $6.1 million) to CEX, including Binance and Kraken.

Poloniex hackers purchased a total of 206 million TRX, causing losses estimated at $114 million

According to Scopescan monitoring, hackers used USDC to buy TRX on Ethereum and USDT to buy TRX on the Tron network. Currently, they have purchased a total of 206 million TRX (about 22.8 million US dollars). This is likely the reason for the surge in TRX.

Scopescan: Suspected Poloniex hacker has purchased more than 206 million TRX, about US$22.8 million

On November 10th, according to Scopescan monitoring, the suspected Poloniex hacker address starting with 0x0A59 has purchased a total of over 206 million TRX, approximately 22.8 million US dollars.

TRX broke through 0.113 USDT in the short term, with a 24-hour increase of 11.38%

According to the OKX market data, TRX surged to 0.11306 USDT in the short term and is now trading at 0.11129 USDT, with a 24-hour increase of 11.38%. Earlier, according to the monitoring of ChainDD, a large amount of assets were transferred out of Poloniex's related addresses. Poloniex Customer Support posted on Platform X that the exchange wallet has been disabled for maintenance and will update the news once the wallet is re-enabled.

1,999,000,000 TRX transferred from Binance to unknown wallet

Whale Alert has monitored a transfer of 1,999,000,000 TRX (worth $194,212,058 USD) from Binance to an unknown wallet at 15:20:18 Beijing time today. Earlier, Binance announced that it would be performing maintenance on wallets on the Tron network in the coming hours, so large transactions may be noticed in our TRX wallets.

Justin Sun transferred 400 million TRX to Huobi after removing TRX liquidity 1 hour ago

On October 15th, according to on-chain data, one hour ago, Sun Yuchen removed 728.64 million TRX, 12.37 million USDJ, 2.8 million TUSD, 23 million USDD, 1.68 million USDC, and 21.06 million USDT liquidity from SunSwap, and transferred them to an address starting with TGcN4. He then transferred 4 billion TRX (approximately $34.12 million) to this address, which will be transferred to Huobi later.

TRX Sees 14% Increase in Average Daily Active Accounts in Q2 2023

TRX had a high burn rate during Q2 2023, but its price remained bullish and market indicators favored buyers. Messari's report on TRX's Q2 performance showed that the daily average active accounts increased by 14%, and the number of new accounts and transactions rose significantly. Tron also launched new features and partnerships, such as the BitTorrent bridge, which expanded its reach and improved its staking ecosystem. While Q3 did not start on a similar note, TRX's price kept increasing, and its daily chart looked pretty bullish.

TRON's TRX Goes Live on Ethereum Blockchain via BitTorrent Bridge, Gains DeFi Exposure and 10% in 24 Hours

TRON's TRX has expanded its reach by going live on the Ethereum blockchain through the BitTorrent bridge, according to a tweet by Justin Sun. TRX is currently trading at $0.08388, up nearly 10% in the last 24 hours. The BitTorrent Bridge will enable easy movement of assets between Ethereum Virtual Machine-compatible blockchains and Tron, increasing TRX's liquidity and use within DeFi protocols. Hong Kong has opened its cryptocurrency market to retail traders, allowing digital asset trading for retail investors starting in the second half of 2023.