JustLend DAO Sends 500 Million TRX Worth About $158 Million

A transfer of 500 million TRON (TRX), worth about $158 million, moved from JustLend DAO to an unidentified wallet at 5:02 a.m. ET (10:02 UTC) Monday.

The transfer followed three other TRX movements between 4:54 and 4:59 a.m. ET (9:54-9:59 UTC). Each of those transactions involved about 500 million TRX moving between unidentified wallets.

The four transfers represented about 2 billion TRX in total, based on their stated amounts. The $158 million valuation applies to the transfer from JustLend DAO; no dollar values were given for the three earlier movements. All four transactions took place within an eight-minute span, with the JustLend DAO transaction occurring after the three wallet-to-wallet transfers.

JustLend DAO was the only named sending entity in the group. Its transfer went to an unidentified wallet. The three earlier transfers were also between unidentified wallets.