OVER 3M ETH EXITS BINANCE AS INSTITUTIONAL ACCUMULATION SURGES đ
CryptoQuant analyst Arabchain reports that more than 3 million $ETH have been withdrawn from Binance since early May, marking one of the largest outflows in recent periods. Daily withdrawals peaked above 500,000 $ETH, coinciding with Ethereum stabilizing near $2,300, suggesting heightened accumulation by large investors and institutions.
The sustained outflow indicates a shift of liquidity from exchange custodial wallets to private holdings, potentially reducing onâexchange supply and supporting price stability. Institutional participants appear to be positioning ahead of upcoming network upgrades, while retail traders may experience tighter order books on the topâtier exchange. Monitoring subsequent deposit flows will be critical for assessing shortâterm demand dynamics.
Not financial advice. Manage your risk.
#Ethereum #CryptoQuan #InstitutionalInvestors #Binance #OnChain
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