Justin Sun Addresses Transfer Last 175.7 Million TUSDs Into CEX

On September 28th, according to EmberCN, an hour ago, the address associated with Justin Sun's team transferred the last 175.7 million TUSDs held on the ethereum chain to CEX, bringing the total number of TUSDs transferred to CEX to 392.3 million in the last 2 days.

EmberCN says that as a stablecoin, it feels like TUSD is now “dead in the water”, with only 495.5 million in circulation, and Justin Sun's team holding 394.3 million (which have largely been transferred to HTX). All other CEX, DeFi protocols, and on-chain addresses combined hold another 101 million TUSD, of which 16.51 million are on the Binance trading platform.