Justin Sun Withdraws Millions of Dollars’ Worth of USDT from Aave’s Lending Pools

According to data released by blockchain security and data analytics company PeckShieldAlert on Monday, the address labelled as Justin Sun has withdrawn more than $100 million worth of USDT stablecoins from Aave Protocol V2 in several transactions.

The Tron founder withdrew $100 million worth of USDT tokens from the Aave Protocol V2 in 2 batches of $50 million each to an address funded by the Poloniex crypto exchange platform.
As a result, the USDT in the Aave Protocol V2 pool TVL (Total value locked) dropped from $300 million from $200 million after Sun’s withdrawal.
Source: DefiLlama
The reason behind making such a huge amount of …

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