A newly created wallet has withdrawn a substantial amount of Shiba Inu (SHIB) and Avalanche (AVAX) tokens from Binance, causing speculation among traders. The wallet moved 290.41 billion SHIB, worth $4.85 million, and 97,114 AVAX, worth $2.52 million. This coincides with notable price movements for both cryptocurrencies, indicating strong market activity. SHIB has seen a 4.91% increase in the past 24 hours and has a bullish trend if it maintains its position above $0.0000165. AVAX has also shown upward movement, with a 1.48% increase in the past day, and has potential to breach the $27.00 resistance level. This news is for informational purposes only and should not be considered as financial advice.



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