Binance Surges to Three-Year High in ETH Withdrawals Amid Miner Selling

Binance recorded an unprecedented 166,000 ETH withdrawal transactions in one day, marking its highest level in three years. This surge could indicate retail accumulation or a DeFi rotation, although Binance's netflow remained positive, suggesting some selling risk.

Meanwhile, Riot Platforms transferred 500 BTC worth $30.72 million to NYDIG custody, a move often preceding sales by large players amid price drops.