๐จ New: A New Wallet Withdraws 8,357 ETH (Worth $31.5 Million) from Binance
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๐ค A large withdrawal has been detected from a new wallet of unknown origin, which withdrew 8,357 Ethereum valued at approximately $31.5 million from Binance.
๐ This movement may indicate an intention for long-term storage (HODL) or perhaps preparation for strategic movements outside the exchange, reflecting some major investors' confidence in the future of Ethereum.
๐ Large withdrawals from exchanges are typically considered bullish signals in the medium term, as they reduce the available supply for sale.
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๐ฌ In your opinion, will we witness a surge in the price of Ethereum after these movements from the whales?
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