Shiba

Ethereum

Shiba Inu

Billion

Coin

<ul class="news-points"> 
 <li>Justin Sun withdrew an estimated $60 million from Binance since last month.</li> 
 <li>The withdrawn tokens include 656.4 billion Shiba Inu and 17,433 Ethereum.</li> 
 <li>In the last 218 days, Justin Sun took out $237.02 million from Binance.</li> 
</ul> 
On-chain resource Lookonchain has <a href="https://x.com/lookonchain/status/1748946041666433464?s=20" target="_blank" rel="nofollow">called attention</a> to the transaction activities of the renowned founder of the Tron (TRX) blockchain, Justin Sun. Per the disclosure, <a href="https://coinedition.com/justin-sun-could-be-the-next-sam-bankman-fried-analyst-claims/">Justin Sun</a> has withdrawn an estimated $60 million in multiple crypto assets from Binance over the past 30 days. 
Among the most withdrawn tokens by the Tron founder from Binance was the popular meme-inspired token <a href="https://coinedition.com/shiba-inu-shib-retik-finance-retik-bonk-bonk-three-tokens-with-the-strongest-investor-communities/">Shiba Inu</a>. 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. 
<figure class="wp-block-image size-full">
 <img decoding="async" width="1838" height="260" src="https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan.png" alt="" class="wp-image-365168" srcset="https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan.png 1838w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-300x42.png 300w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-1024x145.png 1024w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-380x54.png 380w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-768x109.png 768w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-1536x217.png 1536w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-159x22.png 159w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-795x112.png 795w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-440x62.png 440w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-414x59.png 414w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-326x46.png 326w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-377x53.png 377w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-123x17.png 123w, https://coinedition.com/wp-content/uploads/2024/01/Shiba-Inu-withdrawal-from-Binance-to-Justin-Sun-Private-Wallet-Etherscan-129x18.png 129w" sizes="(max-width: 1838px) 100vw, 1838px">
 <figcaption class="wp-element-caption">
 Shiba Inu withdrawal from Binance to Justin Sun Private Wallet | <a href="https://etherscan.io/token/0x95aD61b0a150d79219dCF64E1E6Cc01f0B64C4cE?a=0x176f3dab24a159341c0509bb36b833e7fdd0a132" target="_blank" rel="nofollow">Etherscan</a>
 </figcaption>
</figure> 
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…
The post <a href="https://coinedition.com/justin-sun-relocks-656-4-billion-shiba-inu-in-private-wallet/">Justin Sun Relocks 656.4 Billion Shiba Inu in Private Wallet</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Justin Sun Relocks 656.4 Billion Shiba Inu in Private Wallet

Coin Edition

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