Lookonchain: Suspected Justin Sun address destroyed 104 million TUSD after TUSD was unanchored, and transferred 139 million TUSD from the exchange

According to Lookonchain monitoring, after TUSD was unanchored, two whale addresses continued to purchase TUSD, causing it to re-anchor. It is suspected that Sun Yuchen's address destroyed 104 million TUSD, transferred in 200 million USDT to Binance and then transferred out 139 million TUSD; the other whale address transferred out 31.6 million TUSD from Binance, deposited it into JustLend, borrowed 18.97 million USDT and transferred it to Binance. In addition, the circulation of TUSD has decreased by 43% (1.4 billion coins) in the past two months, of which 90.4% of the circulation is held by Binance. Previously, on January 15th, Binance announced the launch of the 44th new coin mining Manta (MANTA), which removed the TUSD pool from Launchpool and caused TUSD to quickly fall to 0.99 USDT, and then hit a low of 0.9841 USDT the next day.