19,820 Ethereum leaves exchanges – Why THESE ETH traders are doubling down

Nearly 20,000 Ethereum Exit Exchanges as Key Traders Double Down

TL;DR Nearly 20,000 Ethereum worth $40 million have been withdrawn from major exchanges, signaling strong conviction among top traders. Exchange reserves continue to shrink, tightening liquidity and favoring long-term holding strategies. Binance data shows over 75% of top traders hold long positions, while funding rates indicate leveraged demand remains elevated, reflecting deliberate positioning rather than short-term speculation. Approximatel…

19,820 Ethereum leaves exchanges – Why THESE ETH traders are doubling down

A prominent whale has withdrawn 19,820 Ethereum worth $40.14M from Binance and OKX, adding to a purchase of 60,784 ETH valued at $126M.