A16Z: Withdraws 25,560 ETH From Binance

A16Z-linked wallet withdrew another 12,780 ETH ($21.21M) from Binance, lifting cumulative outflows to 25,560 ETH ($42.3M) before routing funds to a fresh address.

Price action on the 4h chart shows ETH trading at $1670.13 inside the Bollinger Bands with upper resistance at $1783.34 and lower support at $1645.89 while EMA50 at $1716.02 and EMA200 at $1854.01 cap upside; the MACD death cross at -16.5 and RSI at 37.97 keep momentum bearish, pointing to a probable test of the 50-EMA before any sustained recovery.