This morning we talked about BTC, and now in the afternoon, ETH is making moves too. This afternoon, I spotted another large on-chain transaction. A whale withdrew 14,267 ETH from Binance, worth approximately $25.3 million. If we only look at the price, it’s just an ordinary day. But when you consider the capital flow, this transaction is worth noting. Let me clarify one thing: withdrawing doesn’t necessarily mean the price will immediately go up. However, for large sums of money, moving assets off an exchange at least indicates that these tokens won’t be sitting in the sell orders for now. What happens next—whether they’re moved to a cold wallet, staked, or used in DeFi—still needs to be tracked. But one thing is already certain: 14,267 ETH has left the exchange. This morning, BTC whales were actively accumulating. Now in the afternoon, we’re seeing large ETH withdrawals. What I’m increasingly focused on isn’t the short-term price swings, but where the tokens are flowing. Candlestick charts may fluctuate, but capital leaves traces. #ETH #OnChainData #Whales #Binance