Justin Sun Invests $8 Million in DeFi Project River as Token Rally Raises Trading Concerns
The post Justin Sun Invests $8 Million in DeFi Project River as Token Rally Raises Trading Concerns appeared on BitcoinEthereumNews.com.
Justin Sun’s $8M investment boosted River’s visibility, pushing its token to a new high within a day. Analysts warn that the price surge was driven more by leveraged trading than real buying demand. Justin Sun, founder of TRON, has invested $8 million in the DeFi project called River, according to the announcement made on Wednesday. After the investment, the Rivers’ token (RIVER) increased 24% on the same day. Analyst warns that the price surge may be driven more by leveraged trading than by demand. River Protocol’s Role in Cross-Chain Stablecoin Infrastructure River protocol is a DeFi infrastructure project that mainly focuses on cross-chain stablecoins. The project aims to solve the problem of the users by making stablecoin work on multiple blockchains by making the users lock the collateral on one chain and mint a stablecoin on another blockchain. The project’s main product is satUSD, which is an omni chain stablecoin designed to move liquidity smoothly between blockchains. River clearly says that Sun’s investment of $8 million will be used to expand the protocol inside the TRON ecosystem. The planned development includes the stablecoin pools with USDT and USDD, lending and borrowing via JustLend, and Price data from WinkLink. Following the investment announcement, the River’s price surged to $49, reaching an all-time high when the broader market rose only 1% on that day. Currently, the tokens market value is around $900 million, with less than 20 million tokens in the circulations out of 100 million total supply According to the analytics firm CoinGlass, RIVER futures trading volume was 80x higher than the spot trading. This means most activity comes from the leverage bets rather than the buying of the token. CoinGlass Flags Leverage-Driven Trading and Engineered Price Action in RIVER CoinGlass warns that the price of the token may be engineered…
Filed under: News - @ January 23, 2026 4:18 am