Justin Sun-Linked Address Moves 621,071 XVS After More Than Two Years

The wallet’s Venus Protocol token position fell from about $7.58 million to roughly $1.95 million, while the destination address has not been identified.

Summary

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Terms & Concepts
  • XVS: The native token of Venus Protocol, a DeFi platform for lending and borrowing on BNB Chain.
  • DeFi: Decentralized finance, a blockchain-based system that offers financial services without traditional intermediaries.
  • Binance: A global cryptocurrency exchange where users can trade, withdraw, and store digital assets.