Justin Sun’s Private Wallet Contain 656.4 Billion Shiba Inus
Justin Sun took out about $60 million from Binance since the beginning of the month. There were 17,433 Ethereum and 656.4 billion Shiba Inu tokens that were withdrawn.
Blockchain-based asset Lookonchain has highlighted Justin Sun’s transaction activity. As previously reported, Justin Sun has reportedly taken almost $60 million worth of cryptocurrency out of Binance in the last 30 days.
One of the tokens that the Tron creator withdrew from Binance the most was the well-known Shiba Inu coin, which was meme-inspired. It seems that Justin Sun has sold 656.4 billion SHIB tokens from Binance in three separate transactions, according to data from Etherscan. There is an estimated $6.3 million worth of Shiba Inu tokens on the market.
At the same time, Sun has sent out Ethereum (ETH) tokens with a stunning monetary value. In particular, Lookonchain revealed that the creator of Tron removed 17,433 ETH, which is worth $43 million. Sun next reserved 68,999 AAVE tokens, valued at $6.7 million, in his own wallet.
Similarly, the creator of Tron has also moved 61,249 LINK tokens, which are worth about $1 million, out of Binance. Floki ($885,000), Decentraland (MANA, $826,000), and BAND ($168,000) are among the other famous currencies that Justin Sun has removed from the Binance exchange.
The crypto wallet “0x9FC…c19Fe” linked to Justin Sun drained $237.02 million in the last 218 days, according to data from renowned analytics company Arkham Intelligence.
In addition, data from Arkham showed that the wallet’s withdrawal pattern was at its highest in October 2023, coinciding with a major price rise at the time. In addition, 88% of Justin Sun’s withdrawals originated from Binance, according to the statistics.
Notable cryptocurrency investors often transfer tokens from exchanges to personal wallets with the intention of hanging onto them for the long haul. Due to whales selling tokens to exchanges during down markets, this tendency is often seen as a positive indicator.
