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Which whale is this,

with a total cryptocurrency portfolio of $1 billion:

Here are the whale’s altcoin holdings

The known crypto wallets currently hold a total of $1.03 billion. The largest portion of this wealth is his stablecoin USDD, which is worth $276 million. Close behind is his TRX holding, which is worth $238 million. In third place is his acquired project Bittorrent (BTT), which is worth $117 million.

Here’s a breakdown of Justin Sun’s full crypto portfolio: 🔺- USDD – $276 million 🔺- TRX – $238 million 🔺- BTT – $117 million 🔺- BTC – $98 million 🔺- USDJ – $91 million 🔺- WSTETH – $58 million 🔺- AETHUSDT – $18 million 🔺- AETHUSDC – $12 million 🔺- SHIB – $11.56 million 🔺- ETH – $9.22 million 🔺- USDT – $9 million 🔺- NFT – $8 million 🔺- WIN – $8 million 🔺- FLOKI – $5.63 million 🔺- CRV – $2.92 million

🔺- MATIC – $2.22 million

🔺- LINK – $2 million

🔺- ZRX – $1.79 million

🔺- JST – $1.61 million

🔺- HTX – $1.48 million

🔺- PEPE – $888,000

🔺- LPT – $723,000

🔺- SUN – $722,000

🔺- STRX – $598,000

🔺- BABYGROK – $356,000

This whale is Justin Sun, whose portfolio has dropped by about $55 million this week. At its peak, his portfolio was worth about $7 billion.

Why are more and more secondary big money players taking out part of their funds to go to the primary market to make money?

1. Coins in the secondary market are like mature stocks [not much room for appreciation]

2. High-quality coins in the primary market are like unlisted equity [huge room for appreciation]

[Small funds]

Directly build positions in high-quality projects in the primary market to make a small investment

[Large funds] Investment advice

80% of the funds are used to build positions in mainstream currencies for stability and security

20% of the funds are used to build positions in high-quality projects in the primary market to make a small investment

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