Justin Sun, the founder of TRON and owner of two crypto exchanges; HTX and Poloniex is reportedly planning to sell some of his World Liberty Financial (WLFI) tokens. As observed recently Sun has been moving large sums of WLFI token to centralized exchanges over the last few days. 

With the Tron founder now a significant holder of WLFI, the recent movement of tokens into exchanges has stirred speculations of selling. Meanwhile, WLFI is struggling as the price continues to plunge. 

Justin Sun Deposits 5.289M WLFI Into HTX

Over the last two days, Justin Sun has been moving WLFI into the HTX exchange. As flagged by Onchain Lens, the Tron founder has moved a total of 5.289M WLFI, worth approximately $1.19 million into the exchange. 

Justin Sun (@justinsuntron) has deposited 5.289M $WLFI, worth $1.19M into #HTX over the past 2 days.

Justin has spent $75M to buy 3B $WLFI and received 600M $WLFI as a token unlock.

Address: 0x5ab26169051d0d96217949adb91e86e51a5fda74

Data: @nansen_ai pic.twitter.com/KTOOchpT66

— Onchain Lens (@OnchainLens) September 3, 2025

According to data by Etherscan, the transfers to HTX happened in several transactions starting approximately 07:55 AM UTC on September 3. Based on Sun’s influence around WLFI, the transfers have stirred speculations that he could be potentially aiming to sell the tokens.

For example, one user on X remarked; “Justin sun again doing the dump work” as he speculated about the potential sale. However, these speculations go against Sun’s claims that he has “no plans” to sell WLFI made just 2 days ago. 

“Excited to share my thoughts on $WLFI — I truly believe this will be one of the biggest and most important projects in crypto. We have no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission,” Sun wrote on X. 

His statement followed the receipt of 600 million WLFI tokens at the Token Generation Event as 20% of the 100 billion tokens were unlocked. These tokens were worth $200 million at the time. 

How Many WLFI Tokens Does Sun Have? 

Before the receipt of 600 million WLFI tokens from World Liberty Financial, Justin Sun had a total of 2.4 million WLFI tokens. In total the Sun has 3 billion WLFI as an early participant, injecting $75M into World Liberty Financial. 

With the Tron founder in agreement with World Liberty financial to not sell his tokens, the recent transfer to HTX could not be intended for selling. In fact, one X user speculated that “he’s not selling he’s just providing liquidity.”

This stems from the recent offering by the HTX whereby the exchange is offering native Flexible Earn limited yield plan for WLFI. The Yield amounts to 20% annualized for deposits same as that of the Official Trump (TRUMP) token. Both tokens offer the highest returns, even surpassing that of stablecoins. 

$WLFI Flexible Earn!
Limited-time 20% APY!

🦅Instant Earnings: Interest accrues hourly and compounds automatically.
🦅Highly Flexible: Subscribe & redeem anytime to trade while earning.
🦅Easy Access: Ideal for newcomers and pros, with no subscription caps.

Start :… pic.twitter.com/pfGTk3xKx7

— HTX (@HTX_Global) September 2, 2025

Based on this, market participants believe that Justin Sun could only be using the tokens sent to HTX as collateral. Meanwhile, the WLFI token is trading at $0.2187 down by 1.44% over the last 24 hours and 4.36% over the last 7 days. Generally, the token is trending downwards despite a successful public launch just a few days ago.