A wallet widely tracked and believed to be connected to Tron founder Justin Sun has sparked fresh debate across the crypto community after it withdrew 100 million TRX from Binance. The transaction came as the crypto market gradually regained balance after several days of volatility.
A Major Withdrawal That Immediately Caught Attention
A recent report by Onchain Lens has revealed a whale transaction carried out by a wallet linked to Tron Founder Justin Sun. The blockchain tracker revealed this information in an X post showing that the wallet moved 100 million TRX, worth $27.96 million, from the Binance exchange to a private wallet in a single transaction. Notably, the recipient wallet currently holds 492.01 million TRX, valued at $137.29 million.
The wallet also simultaneously transferred $5 million worth of USDT from the same exchange. Interestingly, these kinds of movements tend to spark curiosity because shifting assets away from exchanges is usually interpreted as a signal of portfolio rearrangement or sell-off.
Thus, the large withdrawal could suggest that Sun is strengthening his position in TRX amid growing market volatility. It could also be part of a broader strategic play linked to the Tron ecosystem.
What This Could Mean for the Tron Network
The Tron ecosystem recently hit a new milestone, with network transactions surpassing 12 billion. The milestone indicates increased activity on the platform with over 349 million active users. Therefore, if the USDT flowed back into the ecosystem, it could significantly boost network activity and the TRX price.
It is worth noting that on-chain sleuth Lookonchain had reported on X that stablecoin giant Tether had minted $1 billion worth of USDT on the Tron network. Furthermore, in an X post, Justin Sun announced the purchase of two buildings using USDT on Tron, marking a significant milestone for the network in bridging real-world utility with blockchain.
Tron Market Outlook
Exchange outflows can tighten short-term liquidity, especially if demand for the asset begins to rise. With 100 million TRX suddenly removed from the market, some analysts believe this could create a temporary supply shortage, leading to a price hike.
However, according to crypto enthusiasts, Dave, TRX has remained stable, despite the increased volatile state of the crypto market. He made this statement in an X post on December 1, 2025, which is not surprising, given that TRX has maintained its position among the top 10 crypto assets in the market for over a year.
Meanwhile, data from crypto aggregator platform CoinGecko shows that TRX currently trades around the $0.279 mark, ranking as the eighth biggest token in the cryptocurrency market. Also, amidst the broader market, Bitcoin has reclaimed the $ 94,000 mark, and Ethereum has rebounded above $ 3,000.
However, neither Justin Sun nor the Tron Foundation has commented on the withdrawal, leaving the community to fill in the blanks.
Temitope Olajide
The CoinRemark Team
