According to Lookonchain, FTX has transferred 75 million TRX (equivalent to $7.83 million) to Binance through the Tron Network in just the past 8 hours.
Presenting an in-depth picture of the transfer volume, within the last three days, FTX has moved a striking total of 161M TRX, which translates to a massive $16.8M. These large-scale transfers have taken place on the Tron Network heading to Binance, the leading global cryptocurrency exchange.
Reportedly, with these recent transactions, the total volume of TRX in the specified wallet stands at 279.8 million, which is approximately worth a hefty $29 million at present. It's interesting observing how these series of transactions would unfold and influence TRX's trading dynamics in the near future.