Add 2 Whale Stakers withdrawing nearly 38 million dollars $ETH from Binance. Do whales sniff out the bottom?

While the market is still quite volatile, smart money continues the trend of accumulating and withdrawing to wallets, and may go staking.

The latest data shows that two large whale wallets have just withdrawn a significant amount of ETH from the Binance exchange.

🔷 The two wallets identified as ETH Stakers have withdrawn a total of:

Volume of 13,000 ETH and a value of up to 37.64 Million USD.

Withdrawing funds from the exchange to the wallets of stakers is often a positive long-term signal.

It indicates that the floating supply of ETH on the exchange is decreasing and this money is being transferred into a Lock-up state to earn staking interest instead of waiting for a fire sale.

This article is for reference only and is not investment advice. Please read and consider carefully before making a decision.