According to The Data Nerd on Twitter, two newly created wallets have withdrawn a total of 14,739 ETH (approximately $37.17 million) from Coinbase and Kraken, with wallet 0xD22 withdrawing 10,781 ETH (~$27.18 million) and wallet 0xd46 withdrawing 3,958 ETH (~$9.99 million). Such significant on-chain movements from exchanges to fresh wallets are often interpreted as a potential signal of accumulation and reduced immediate selling pressure, which can impact short-term trading sentiment for Ethereum. Traders should closely monitor these addresses for further movement and consider the possibility of increased bullish momentum in the near term. Source: The Data Nerd (@OnchainDataNerd), intel.arkm.com/explorer/address

According to Lookonchain, at least 15 fresh wallets have withdrawn a significant amount of 2.52 million LINK, valued at approximately $36.43 million, from Binance in the past week. This marks a notable increase in LINK accumulation among new wallet addresses, potentially impacting trading strategies. The addresses involved include 0x0686400c348c1e492cb48ed5c6c2302871f1c5ec, 0x16ee51958dab5cd01480a56489e277a7a244a71b, and 0x345b59810d42d190a6f28b4bdabdc12095f94a57. Traders should consider this accumulation trend when planning their LINK investments.