According to @lookonchain, whales continued accumulating BTC and ETH during the market downturn, with fresh wallet bc1q7l withdrawing 584.72 BTC (63.91M USD) from Binance about 13 hours ago and fresh wallet 0x25Fa withdrawing 3,884 ETH (15.57M USD) from OKX about 5 hours ago; source: @lookonchain on X, with addresses referenced via ARKM Intel explorer. The combined withdrawals total 79.48M USD and reflect large exchange outflows into new wallets that traders associate with accumulation behavior; source: calculation based on @lookonchain figures and exchange-flow interpretation explained by Binance Academy. For trading, sustained outflows to fresh wallets can reduce immediate sell-side liquidity and are monitored as potential support signals for BTC and ETH; source: Binance Academy overview of exchange inflow and outflow metrics.

According to @cas_abbe, ETH reserves on Binance have dropped to new lows while BTC reserves remain flat, signaling rotation toward ETH, source: @cas_abbe on X, Sep 1, 2025. The author states ETH is being withdrawn from exchanges even with price near 4.4K USD, indicating quiet accumulation, source: @cas_abbe on X, Sep 1, 2025. For trading focus, the author implies monitoring ETH/BTC relative strength and Binance spot liquidity as ETH outflows persist, source: @cas_abbe on X, Sep 1, 2025.