According to Lookonchain, significant whale activity has been detected with two large withdrawals totaling 121,512 ETH from Binance and Bitfinex. Address 0xb99a...BcF5 withdrew 56,909 ETH, valued at $151.6 million, from Binance. Another address, 0xEd0C...4312, withdrew 64,603 ETH, valued at $171.8 million, from both Binance and Bitfinex over the past 48 hours. These movements suggest potential accumulation by large investors, which could impact Ethereum's liquidity and price dynamics.