Ethereum: Whale Stakes $76.58M Post-Binance Exit
Ethereum whale withdraws 40000 ETH worth $76.58M from Binance then stakes all, continuing exchange outflow patterns seen in the past year.
SourceAnalysis
Ethereum whale activity intensified as one address pulled 40000 ETH ($76.58M) from Binance and staked the entire sum within the hour, extending the pattern of large holders moving assets off exchanges.
Similar Ethereum whale exchange outflows have appeared repeatedly over the past twelve months, often preceding extended holding periods tied to the ETH staking process post-Merge.
At $1917.66 the price holds above both the EMA50 support at $1899.68 and the EMA200 at $1818.76, preserving the bullish trend structure, while the MACD death cross at 4.02 and neutral RSI of 52.42 keep momentum contained inside the Bollinger band between $1860.15 and $1973.48.
The Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)