

Justin Sun withdrew $60 million from Binance, with ETH accounting for the highest proportion, followed by AAVE, SHIB, etc.
There has been some commotion recently regarding issues related to Tron founder Justin Sun’s cryptocurrency ecosystem. First, TUSD, the fifth-largest stablecoin by market value, announced its decoupling from Tron on the 16th. Then, Huobi Exchange experienced a large-scale failure at 8 pm on the 19th.
Withdraw 60 million U.S. dollars in equivalent tokens
According to Lookonchain data, starting from December 18, 2023, Brother Sun began to withdraw assets from the Binance exchange and placed them on the chain. He accumulated a large amount of coins and withdrew a total of USD 60 million worth of cryptocurrency assets. These assets include a variety of cryptocurrencies, the largest of which is 17,433 ETH, worth up to $43 million.
In addition, during this month, he also withdrew 68,999 AAVE (worth 6.7 million US dollars), 656.4 billion SHIB (worth 6.3 million US dollars), 61,249 LINK (worth about 957,000 US dollars) USD), 27.1 billion FLOKI (valued at approximately USD 885,000) and 1.7 million MANA (valued at approximately USD 826,000). Additionally, he withdrew 100,100 BAND from Binance, worth approximately $168,000.
Giant whales aim at hoarding opportunities
As Grayscale GBTC transforms into a Bitcoin spot ETF, investors have sold to take profits, leading to the recent Bitcoin price fell around $41,000 and continues to oscillate.
However, in addition to Sun Yuchen hoarding coins, there are also some other giant whales on the chain who also started to establish positions at this time. This week, Lookonchain also discovered that a whale investor purchased 700 BTC at a price of $41,948, bringing the market value to $2.93 million.
The giant whale has recently chosen to establish a position
In addition, another giant whale who is good at short-term buying low and selling high ETH is also this Friday (19) On the same day, he spent US$8.9 million to purchase a total of 3,600 ETH at prices ranging from US$2,000 to US$2,500.
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