Ethereum withdrawal wave ($ETH )
During the last week, Binance experienced net outflows totaling $1,230 million, tripling the figures from the previous week. Ethereum withdrawal transactions reached their highest level in more than three years (more than 166,000 withdrawals in a single day). Analysts suggest this is due to two main factors:
Investors moving their ETH to cold wallets for long-term accumulation to take advantage of the price rebound.
Position adjustments due to regulatory uncertainty in Europe related to the application of MiCA law. $ETH
During the last week, Binance experienced net outflows totaling $1,230 million, tripling the figures from the previous week. Ethereum withdrawal transactions reached their highest level in more than three years (more than 166,000 withdrawals in a single day). Analysts suggest this is due to two main factors:
Investors moving their ETH to cold wallets for long-term accumulation to take advantage of the price rebound.
Position adjustments due to regulatory uncertainty in Europe related to the application of MiCA law. $ETH
