Justin Sun Arrives Withdraws 577 Billion SHIB Amid Price Surge! What happen?

<p>&nbsp;The crypto market was shocked today when Justin Sun's wallet was found to be withdrawing a large amount of SHIB tokens from Binance. Withdrawals from Binance occurred in two transactions, with a total of 577 billion SHIB from the crypto exchange.</p><p><br /></p><p>Interestingly, this withdrawal transaction is seen to have sparked speculation in the crypto community as it was done in the midst of a price spike by the SHIB token. In addition, this production was also done after the Shiba Inu whale group wholesaled the token.</p><p><br /></p><p>Based on data from PeckshieldAlert, a platform that offers blockchain data in real-time, found that Justin Sun's wallet made two withdrawals today, December 19. Also, based on the data, the first transaction that triggered speculation was the release of 500 billion SHIB, worth $5.2 million, from Binance. The second transaction shows the withdrawal of 77 billion SHIB, worth $810 thousand, from the same crypto exchange.</p><p><br /></p><p><br /></p><p>Should know from Binance done when Shiba Inu shows bullish sentiment. Today, SHIB prices have surged nearly 7% in line with increased buying among SHIB whales.</p><p><br /></p><p>At the time of writing, Shiba Inu recorded an increase of 6.36% in the last 24 hours, trading at a price level of $0.00001042. Additionally, this token has surged 8.85% in the last week, followed by a monthly increase of 22.87%.</p><p><br /></p><p>With the price of SHIB continuing to rise, crypto traders and investors are seen to continue to focus on this token.</p>