Justin Sun Withdraws $60M Crypto From Binance: On-Chain Data

Tron Founder Justin Sun Withdraws $60,000,000 Worth of Crypto From Binance in One Month: On-Chain DataBillionaire and founder of Tron (TRX) Justin Sun has withdrawn tens of millions of dollars worth of digital assets from crypto exchange Binance in the last month, according to on-chain data.Blockchain tracking firm Lookonchain says that between December 18th and January 21st, Sun has withdrawn several different altcoins from Binance, including $43 million worth of Ethereum (ETH), $6.7 million worth of Aave (Aave) and $6.3 million worth of Shiba Inu (SHIB).The Daily HodlTron Founder Justin Sun Withdraws $60,000,000 Worth of Crypto From Binance in One Month: On-Chain DataAlex Richardson January 22, 2024Billionaire and founder of Tron (TRX) Justin Sun has withdrawn tens of millions of dollars worth of digital assets from crypto exchange Binance in the last month, according to on-chain data.Blockchain tracking firm Lookonchain says that between December 18th and January 21st, Sun has withdrawn several different altcoins from Binance, including $43 million worth of Ethereum (ETH), $6.7 million worth of Aave (Aave) and $6.3 million worth of Shiba Inu (SHIB).“Since Dec 18th, 2023, Justin Sun has withdrawn $60 million [worth of crypto] assets from Binance.Including:17,433 ETH ($43 million)68,999 AAVE ($6.7 million)656.4 billion SHIB ($6.3 million)61,249 LINK ($957,000)27.16 billion FLOKI ($885,000)1.7 million MANA ($826,000)100,100 BAND ($168,000).”Sun was spotted earlier this month by Lookonchain accumulating massive amounts of Ethereum from Binance, as well as other whales who were presumably putting more coins into cold storage.Lookonchain also spotted a trader with an extremely profitable track record depositing over $730,000 worth of the oracle project UMA (UMA) to Binance after its recent rally.“The price of UMA increased by 90% today!A smart trader deposited 190,169 UMA ($730,859) to Binance after the price increased.

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