Tron founder Justin Sun’s holdings are up 50% in one month
The cryptocurrencies and tokens held in the publicly-known wallets of Tron (TRX) founder Justin Sun have seen their value increase by over 50% over the last month.
Data gathered from blockchain analytics platform Arkham Intelligence shows that as of Aug. 19 Sun’s wallets contained $733 million, and as of Sept. 19 the balance increased by just over 50% to $1.1 billion.
Sun’s current top holding is Wrapped Stacked Ethereum (WSTETH) for a total of under 169,000 tokens worth approximately $315 million. This token represents Ethereum (ETH) stacked to get stacking rewards that has been wrapped with the Lido (LDO) decentralized finance (DeFi) to be liquid.
The second top holding is $293 million USDD — Tron’s U.S.-dollar stablecoin, the third one USDJ, another Tron-based stablecoin. This is followed by $139 million of Tron, $39.5 million of Bittorrent (BTT) file-sharing Tron-based network token and other relatively minor holdings.
