Justin Sun’s HTX Holdings Eclipse Entire Bitcoin Reserves of Major Exchange

Crypto News- Justin Sun, the visionary behind the Tron blockchain, recently sent ripples through the crypto community by unveiling his personal HTX wallet, packed with a staggering 28,614 Bitcoins valued at $1.6 billion. This bombshell disclosure didn’t just turn heads; it sparked skepticism from none other than crypto luminary Adam Cochran.

Cochran, known for his keen insights, raised an eyebrow at Sun’s revelation, questioning its veracity. Sun’s move, showcasing his HTX wallet on X, aimed to underscore his deep involvement with HTX, the crypto exchange where he wields influence as an advisor. Despite swirling doubts about Sun’s connection to HTX, he adamantly declared himself a “heavy user” of the platform.

Justin Sun’s HTX Holdings Eclipse Entire Bitcoin Reserves of Major Exchange

In his X post, Sun emphasized not only his advisory role but also his significant investments and unwavering support for HTX. He maintained that he engages with HTX just like any other crypto aficionado, using it actively and enthusiastically. However, Cochran wasn’t buying it.

Cochran pointed out a glaring inconsistency in Sun’s narrative: Sun’s Bitcoin holdings overshadowed HTX’s entire BTC reserves. According to Cochran’s findings, HTX boasts a modest $1.342 billion worth of Bitcoins, paling in comparison to Sun’s reported $1.6 billion BTC stash. This dissonance left many scratching their heads.

“So either it’s smoke and mirrors, or HTX’s user base consists solely of Sun himself, or he’s blurring the lines between his assets and theirs,” Cochran concluded, casting a shadow of doubt over Sun’s grand reveal.