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Crypto

Ethereum Whales Flee Binance with $191 Million in ETH Withdrawal

Guavy AI Editorial Team
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ETH BNB
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A significant movement in Ethereum has been observed as whales withdrew 40,000 ETH from Binance.

This large withdrawal amounts to approximately $1.911 million and highlights a major investor movement in the market.

Ethereum's price is approaching a critical resistance level of around $1.93 per unit, following a transfer worth around $76.6 million.

The price remains above its 20 and 50-day moving averages, with investors closely watching for the $2,000 price threshold.

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