Latest Update
2026-11-08 22:44 UTC

Lookonchain: Wallet Withdraws 34,601 ETH From Binance

Lookonchain: Wallet Withdraws 34,601 ETH From Binance

Lookonchain reports wallet 0xC356 withdrew 34,601 ETH worth $73.75 million from Binance after more than two years of inactivity during the market crash.

Source

Analysis

Lookonchain flagged wallet 0xC356 pulling 34,601 ETH ($73.75M) from Binance in three hours after two-plus years dormant.

Ethereum sits at $2114.19 on the 4-hour chart, pressing the lower Bollinger band support at $2139.46 while RSI(14) at 24.92 flashes oversold. The bearish structure remains intact with EMA50 at $2259.18 and EMA200 at $2392.8 capping upside, and MACD at -34.49 locked in a death cross that keeps any bounce vulnerable to rejection at the first EMA resistance.

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