WLFI Transfers $11.23M in TRX to HTX Exchange

Analyst Ai Yi reports WLFI’s 40.68M TRX, acquired 10 months earlier, moved to HTX in its first deposit there after prior Coinbase transfers for asset reallocation.

TRX

Summary

WLFI transferred 40.68 million TRX tokens valued at $11.23 million to HTX within 10 hours, according to analyst Ai Yi. Purchased 10 months ago for $9.85 million, this marks WLFI's first TRX deposit to HTX after earlier sending other tokens to Coinbase for asset reallocation purposes.

Terms & Concepts
  • TRX (Tron cryptocurrency): Native token of the Tron blockchain used for transactions, staking, and decentralized applications.
  • HTX (cryptocurrency exchange): A global digital asset trading platform formerly known as Huobi, offering spot and derivatives trading services.
  • Coinbase: A major U.S.-based cryptocurrency exchange providing trading, custody, and wallet services for digital assets.