$ETH Whale Accumulates $88 Million, Massive Withdrawals from Binance in 24 Hours 🐳

Ethereum accumulation continues to be a significant trend. A prominent whale recently made a decisive move, withdrawing a substantial amount of ETH from the Binance exchange to a private wallet.

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A notable whale wallet executed a withdrawal of 34,233 ETH, valued at approximately $68.78 million USD, from Binance. Over the past 24 hours, this large investor has collectively withdrawn 44,233 ETH from the exchange. 📈

ETHUSDT

The total value of ETH removed from exchange liquidity now stands at $88.02 million USD. This strategic action aligns with ETH's positive price recovery, signaling strong confidence from major investors in the cryptocurrency's potential growth. 💪

Such substantial withdrawals to self-custody typically indicate a bullish signal for the market. This action reduces sell-side pressure and contributes to a scarcity of supply on exchanges.

Whales are consistently engaging in net withdrawals of tens of millions daily. Are you joining this capital flow, or are you looking to capitalize on short-term profits? 🤔

This news is for reference only and not investment advice. Please conduct thorough research before making any investment decisions.