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Ethereum Whale Accumulation Continues with $3.95 Million Withdrawal

Guavy AI Editorial Team
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Ethereum whales continue to accumulate, as evidenced by a new wallet withdrawing $3.95 million worth of ETH from Binance on July 27.

According to Lookonchain, this newly created wallet identified as 0x49D9 withdrew 2,101 ETH from the exchange about four hours earlier, bringing its total value to around $3.95 million at the time.

This is not an isolated incident, with multiple whale wallets accumulating Ethereum in recent observations by Lookonchain.

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