Justin Sun Relocks 656.4 Billion Shiba Inu in Private Wallet

• Justin Sun withdrew an estimated $60 million from Binance since last month.
• The withdrawn tokens include 656.4 billion Shiba Inu and 17,433 Ethereum.
• In the last 218 days, Justin Sun took out $237.02 million from Binance.

On-chain resource Lookonchain has called attention to the transaction activities of the renowned founder of the Tron (TRX) blockchain, Justin Sun. Per the disclosure, Justin Sun has withdrawn an estimated $60 million in multiple crypto assets from Binance over the past 30 days.

Among the most withdrawn tokens by the Tron founder from Binance was the popular meme-inspired token Shiba Inu. Data from Etherscan suggested that Justin Sun has moved off 656.4 billion SHIB tokens from Binance in at least three transactions. The Shiba Inu tokens are estimated to hold a market value of $6.3 million.

Meanwhile, Sun had transferred a more staggering dollar value of Ethereum (ETH) tokens within the same observation period. Specifically, Lookonchain disclosed that the Tron founder withdrew 17,433 ETH valued at $43 million. Following closely was AAVE, which Sun moved to reserv…

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