DeFi· ★★★· bullish·

Three whales withdraw 24,454 ETH worth $60.7M from exchanges

  • —Address 0x4A85 withdrew 10,954 ETH (~$26.97M) from Kraken after four months idle and staked it
  • —Address 0xdeA6 pulled 9,000 ETH (~$22.42M) from Binance and deposited into Aave
  • —Address 0xD338 withdrew 4,500 ETH (~$11.29M) from Binance 10 hours ago
Why it matters: Large ETH outflows from exchanges into staking and DeFi cut tradable supply and are typically read as a bullish signal.
Source: PANews