Justin Sun, one of the controversial names in the cryptocurrency world, surprisingly withdrew a significant amount of altcoins from Binance.
According to Onchain data, Sun recently acquired 1.69 million Decentraland (MANA) ($781,382), 79.3 billion Shiba Inu (SHIB) ($757,642), 27.16 billion FLOKI ($845,872) and 61,249 Chainlink (LINK) ($990,402) from Binance. dollar) withdrew. It is noteworthy that Sun had previously only used this wallet to store stablecoins, ETH and stETH.
In a related development, two other whales also made significant moves. Two new wallets identified as 0xab0 and 0x846 withdrew a total of 1.26 million RNDR ($5.3 million) from Binance.
The 0xab0 wallet currently holds 620,068 RNDR ($2.58 million) and 0.8 ETH ($2,030), while the 0x846 wallet holds 645,653 RNDR ($2.75 million) and 0.66 ETH ($1,712).
Another whale, identified as 0x4dc, deposited CHZ 9.26 million ($1.02 million) to Coinbase at $0.11. This whale had previously withdrawn these tokens CHZ from Coinbase between July 20 and September 22, 2023 at an average price of $0.073 (estimated cost: $684,556).
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/crypto-billionaire-justin-sun-withdraws-4-different-altcoins-from-binance-first-time-he-used-this-wallet/