Ethereum has fallen 11% in the past 3 days, wiping out over $38 billion in market value. The total market cap of altcoins has shrunk by more than $110 billion. But fund flows tell a different story: Binance’s ETH reserves fell from 3.57 million to 3.47 million, a 6-month low and nearly 11.5% below August’s 3.92 million. On October 6, the number of withdrawals exceeded 320,000 in a single day, setting a new all-time high. $ETH

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