ETH: Abraxas Capital Withdraws 12,477 From Exchanges in 3 Hours
The fresh $22.88M draw brings Abraxas's week-long haul to 45,996 ETH ($84.39M), a steady withdrawal cadence from Binance, Bybit, and Bitfinex that signals accumulation, not rotation.
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The fresh $22.88M draw brings Abraxas's week-long haul to 45,996 ETH ($84.39M), a steady withdrawal cadence from Binance, Bybit, and Bitfinex that signals accumulation, not rotation.
BTC reclaimed its late-June losses over the weekend, but the Fear & Greed Index sitting at 24 shows the bounce hasn't shaken broader caution yet, even as Binance ETH withdrawals hit a three-year high.
The exchange kept withdrawals open for roughly 2 million French users but stopped spot and margin. $1.6B in net outflows over the past month shows where the retail book already went.
Small-wallet inflows collapsed to 329 BTC a day on Binance, against 3,700 BTC a day in 2018, suggesting the retail side of the largest venue is quieter than at any point in its history.