According to Lookonchain, a newly created wallet has withdrawn 290.4 billion $SHIB (valued at $4.84 million) and 97,111 $AVAX (valued at $2.52 million) from Binance approximately 40 minutes ago. This substantial withdrawal could impact the trading dynamics of both $SHIB and $AVAX, as large fund movements can indicate potential market shifts or strategies. Traders should monitor these cryptocurrencies for potential volatility.