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Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE

Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.

Justin Sun owns more TRX than everyone else combined, report

Bloomberg has reported that Justin Sun controls approximately 63% of all Tronix (TRX) in the TRON protocol.

Justin Sun has taken to X to defend HTX’s reserves, however, a close review reveals HTX is lending 92% of its USDT on Aave.

HTX, the Justin-Sun advised exchange, has been depositing and withdrawing hundreds of millions of dollars worth of USDT on Aave.

Justin Sun’s USDD is receiving most of its assets from HTX and is depositing them into new vaults launched without approval from a DAO.