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Crypto

Ethereum Whales Withdraw $76M from Binance

Guavy AI Editorial Team
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ETH BNB
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Ethereum whales withdrew 40,000 ETH worth $76.6 million from Binance, indicating strong investor confidence in the Ethereum market.

This large withdrawal has sparked a surge in momentum for Ethereum, with many analysts predicting that it could push past the $2,000 resistance level.

The next technical hurdle is the 100-day exponential moving average, and if surpassed, ETH could aim for the 200-day EMA around $2,175, signaling a longer-term uptrend.

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