A new move came from Tron (TRX) founder Justin Sun, who has been talked about with his Ethereum (ETH) and altcoin moves lately.
According to PeckshieldAlert's post, Justin Sun said that 4 addresses tagged transferred 15B SHIB worth $610.5 thousand.
These SHIBs were transferred to the Poloniex exchange.
“Address labeled Justin Sun 4 transferred 15B SHIB (worth $610.5 thousand) to Poloniex.”
Justin Sun took advantage of the rally in SHIB, which experienced a great rise with the mem token rally, and started selling SHIB.
SHIB, which has increased by 50% in the last 24 hours, continues to be traded at $ 0.00004029 at the time of writing.
#PeckShieldAlert #JustinSun 4 -labeled address has transferrred 15B $SHIB (worth $610.5K) to #Poloniex pic.twitter.com/YE9JHiyeK7
— PeckShieldAlert (@PeckShieldAlert) March 5, 2024
*This is not investment advice.