Whales are removing Ethereum from exchanges, leading to a potential supply shock. One whale address recently withdrew 1,900 ETH (around 4.86 million USD) just hours ago.
In three weeks, this address has withdrawn 6,989 ETH (approximately 17.5 million USD), which decreases Binance’s liquid supply, paving the way for price volatility.
ETH is currently consolidating between 2,400 and 2,700 USD. If this trend continues and demands rise, prices may experience sharp increases, especially if whale accumulation persists.
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