Big ETH moves from the big boys

In the last 24 hours:

→ A wallet likely tied to Matrixport pulled out 40,734 $ETH ($104M) from Binance & OKX

→ Abraxas Capital withdrew 48,823 $ETH ($126M) from Binance & Kraken

That’s over $230M in $ETH scooped up by institutions

They’re clearly not sleeping on this accumulation phase.