Binance: New Wallet Withdraws 17,675 ETH
Binance processed a 17,675 ETH withdrawal worth $28.58M to a fresh wallet. ETH sits at $1655.05 with bearish 4h structure.
SourceAnalysis
Binance recorded a 17,675 ETH withdrawal valued at $28.58M to a newly created wallet on June 25, 2026, according to on-chain data from @OnchainLens.
Price action shows ETH at $1655.05 inside Bollinger Bands with upper resistance at $1782.66. The 50-EMA at $1696.18 and 200-EMA at $1840.96 cap upside while MACD death cross at -25.99 confirms bearish momentum and neutral RSI at 44.94 offers no relief. Large exchange outflows like this often precede volatility spikes; traders tracking ETH on-chain analysis and ETH technical analysis 4h now watch the lower band at $1580.45 for the next directional cue before updating ETH price prediction models.
Onchain Lens
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