a16z: Withdraws 12,780 ETH From Binance
a16z-linked wallet withdraws 12,780 ETH ($21.22M) from Binance while ETH holds $1656.97 on 4h bearish structure.
SourceAnalysis
a16z linked wallet withdrew 12,780 ETH ($21.22M) from Binance on June 23 2026.
ETH trades at $1656.97 below both EMA50 at $1722.23 and EMA200 at $1858.36 with MACD death cross intact. Price now tests the lower Bollinger band support at $1668.56 while RSI sits at 33.64, indicating sellers retain control after the last six months of range compression.
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