Major Ethereum Holders Withdraw Over $1.4B from Binance in a Show of Confidence

Some of the largest holders of Ethereum have withdrawn around 413,000 ETH from Binance in the past day, the biggest single-day outflow since February, according to data shared by analyst CryptoOnchain.

This movement resulted in a net outflow of roughly 106,000 ETH from the platform, signaling a strong preference for long-term storage over immediate selling.