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by: xpoolPosted on: August 12, 2025

Binance Absorbs $64 Million Ethereum Deposit: Implications for Market?

A significant move by a large-scale Ethereum holder has raised eyebrows within the crypto community, with Arkham’s on-chain data tracking their withdrawal of 14,942 ETH from a staking wallet and subsequent deposit to Binance. This action could potentially shift market dynamics in favor of Ethereum, but analysts are watching closely for further signals.

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