Justin Sun Reveals Massive $1.6 Billion Bitcoin Stash as Price Tops $55K
- Justin Sun revealed he holds over 28,000 Bitcoins worth $1.6 billion
- Sun's disclosure comes as Bitcoin's price surpassed $55,000, spurring excitement
- Sun's crypto buys/sells often impact market speculation due to his high profile
- Sun previously withdrew $6M in SHIB from Binance with no noticeable price impact
- Sun has faced regulatory action from the SEC over allegedly unregistered securities