Prominent Ethereum Investors Extract More Than $1.4B from Binance Indicating Trust

In the past 24 hours, prominent Ethereum holders have withdrawn approximately 413,000 ETH, equivalent to over $1.4 billion, from Binance, marking the biggest single-day outflow since February. The resulting net outflow of 106,000 ETH from the platform indicates a preference for long-term storage over immediate selling. This exodus is viewed as a bullish sign, suggesting that influential market participants are accumulating the digital asset in expectation of future price appreciation. In addition, wallets holding between 10,000 and 100,000 ETH have increased their holdings by roughly 7.6 million coins since Q2 2025. This trend accompanies a decline in the amount of ETH held on centralized exchanges, reducing the potential for large-scale sell-offs. Despite cautionary market signals, these actions suggest large investors view the recent price dip as an opportunity, betting on Ethereum’s long-term value.