HT soared more than 90% in a single week! Justin Sun revealed that he holds “tens of millions” of Huobi Tokens

As the so-called “three fires for new officials”, Justin Sun, the founder of TRON, who has just been appointed as the global consultant of Huobi Exchange, announced earlier that he currently holds “tens of millions” of Huobi platform currency Huobi. Token (HT), and threatened to focus on promoting HT and empowering HT in the future, which is indeed a model of dedication in the currency circle.

Justin Sun revealed in an interview with Bloomberg TV on Thursday that he has been hoarding HT since 2013 and has accumulated “tens of millions” of HT so far. “I consider myself one of the largest holders of HT in the world,” Justin Sun said so.

According to Etherscan data, two new addresses (addresses starting with 0x0511 and 0x1205) added a total of nearly 74 million HT last night (13). Among them, addresses starting with 0x0511 added 42 million HT, ranking third in token holdings; addresses starting with 0x1205 added 32 million HT, ranking fourth in token holdings. It is reported that these HT tokens all originated from the official Huobi wallet, and the first transactions of the above two new addresses were from the ETH withdrawal of Poloniex, the exchange of Justin Sun, which acted as gas the day before.

Since Justin Sun became an advisor to Huobi, HT has risen more than 90% in the past week. A few days ago, Justin Sun stated at the Huobi All Staff Meeting:

Huobi will have a series of brand upgrades and actions in the future, but the whole will revolve around HT, no new tokens will be released, and HT will be vigorously empowered, so that Huobi supporters will also have more motivation. The appreciation of HT is not only the result of pulling the disk, but will be a reflection of users’ confidence in the brand.

Justin Sun also told Bloomberg that he would focus on promoting Huobi globally, and even eventually bring it back to China, if regulations allow.

According to CoinMarketCap, Huobi is the top 10 cryptocurrency exchange in the world, with a trading volume of about $879.5 million in the past 24 hours.

Huobi announced last week that its controlling shareholder and founder Li Lin had sold all of Huobi’s shares to Baiyu Capital. Soon after, news of Justin Sun as a “behind-the-scenes acquirer” also spread. In this regard, Justin Sun denied it, saying I did not buy shares of Huobi myself.