The institution has withdrawn nearly 90000 ETH worth approximately 230 million US dollars from the exchange within the past 24 hours

According to Lookonchain monitoring, a wallet suspected to be related to Matrixport has withdrawn 40734 ETH worth approximately $104 million from Binance and OKX in the past 24 hours. Meanwhile, Abraxas Capital has withdrawn 48823 ETH worth approximately $126 million from Binance and Kraken in the past 24 hours.