According to @EmberCN, a single whale address withdrew 20,726 ETH, about 62.5 million dollars, from OKX and other exchanges over the past two hours at an average price near 3,015 dollars, with flows viewable at Arkham Intelligence address 0x237B5AD89D6513630B71BbF783C1EdCc84FB6aAb source: @EmberCN on X; Arkham Intelligence. According to @EmberCN, the same address previously sold 10,000 ETH in October through OKX and other venues at about 3,896 dollars, totaling roughly 38.96 million dollars source: @EmberCN on X; Arkham Intelligence. Historically, sustained exchange outflows are associated with accumulation phases and reduced immediate sell-side liquidity in bull markets, which traders monitor as a constructive on-chain signal source: Glassnode research; CryptoQuant research. Traders often track OKX and aggregate ETH exchange netflows, whale address activity, and derivatives funding to gauge near-term direction when large transfers occur source: CryptoQuant dashboards; Glassnode on-chain reports.

According to @lookonchain, Matrixport withdrew 5,500 ETH worth approximately $25.66 million from Binance on Oct 6, 2025, with the transfer referenced to address 0xACc74cfaA8AD730194C1828cc179c78d5C08200e; source: @lookonchain; Arkham intel.arkm.com/explorer/address/0xACc74cfaA8AD730194C1828cc179c78d5C08200e. Arkham’s explorer shows activity for the cited address and a 5,500 ETH inflow around the reported time, corroborating the withdrawal size and timing; source: Arkham intel.arkm.com/explorer/address/0xACc74cfaA8AD730194C1828cc179c78d5C08200e. Traders often monitor large exchange outflows as reduced immediately sellable supply that can tighten spot liquidity, making exchange reserves a key short-term indicator; source: Glassnode research on exchange balances and market phases. Near term, watch ETH exchange reserves and Binance-specific outflows alongside funding rates and order book depth to gauge follow-through on liquidity and price; source: CryptoQuant exchange reserves and derivatives metrics.

According to @OnchainLens, three newly created wallets received a total of 58,384 ETH valued at $242.29M from Kraken- and BitGo-labeled addresses on Sep 24, 2025 (source: @OnchainLens). The recipient wallets are 0x1B3b9B2D6F8D88dcfc8AF769269b5314f2Cf654C, 0xC0D386dbe08D87E15FC32f05B522939845Da17f1, and 0x7992bEF0D96A0Ec55CA6dB2FfBfeFCeAEE80A072 (source: Arkham Intel explorer pages). The sending addresses are labeled as Kraken and BitGo by Arkham Intel, indicating transfers from centralized custodians to fresh wallets (source: Arkham Intel; @OnchainLens). Traders can monitor subsequent movements of these wallets via the Arkham Intel pages referenced by @OnchainLens for potential flow changes (source: Arkham Intel; @OnchainLens).

According to @OnchainDataNerd, wallet 0xE75 withdrew 17,591 ETH (about 81.48 million USD) from Coinbase within 24 hours, source: @OnchainDataNerd. According to @OnchainDataNerd, an address attributed by the source to Galaxy Digital withdrew 37,808 ETH (about 172 million USD) from exchanges in the same window, source: @OnchainDataNerd. According to @OnchainDataNerd, these tracked outflows total 55,399 ETH (about 253 million USD), reducing immediately available ETH on exchanges by that amount, source: @OnchainDataNerd. According to @OnchainDataNerd, traders can monitor the cited addresses for follow-through flows to gauge ETH liquidity and whale accumulation, source: @OnchainDataNerd.

According to @AltcoinGordon, more than 300,000 ETH have left centralized exchanges in the past month, which is a significant decrease in liquid supply (source: Twitter, May 17, 2025). Historically, such large-scale outflows are interpreted as investors moving assets to self-custody, often in anticipation of price appreciation. This trend reduces sell-side pressure and increases scarcity, which can trigger rapid price movements or 'GOD Candles' in the Ethereum market. Traders should monitor on-chain data for continued outflows as this could indicate strong bullish momentum for ETH, potentially influencing the broader crypto market.