According to Cas Abbé, over the past month, 1.1 million ETH valued at $2.75 billion have been withdrawn from crypto exchanges, indicating a significant decrease in liquid supply (source: @cas_abbe on Twitter, May 18, 2025). Whale accumulation further highlights that the current ETH price increase is being driven by spot market demand rather than derivatives. For traders, this sharp reduction in exchange balances suggests increasing holder conviction and potential for reduced sell pressure, key factors that could support continued upward momentum in Ethereum price. These developments are critical for market participants monitoring supply-demand dynamics and planning ETH entry or exit points.

According to Lookonchain, a newly created wallet withdrew 500 BTC, valued at $52.26 million, from Binance within the past hour (source: Lookonchain via Twitter, May 12, 2025). Such significant outflows from centralized exchanges are often interpreted as a bullish signal, suggesting large investors are moving assets to long-term storage or cold wallets. This action may indicate increased confidence in Bitcoin price stability or potential for upward movement, as supply on exchanges decreases. Traders should monitor subsequent on-chain activity for confirmation of accumulation trends, which historically precede bullish momentum in the cryptocurrency market.

According to Lookonchain, a wallet associated with Cumberland has withdrawn 27,632 ETH, valued at $50.24 million, from exchanges Copper, Binance, and Coinbase within the past three hours (source: Lookonchain, April 29, 2025; intel.arkm.com). This significant ETH outflow from major exchanges suggests institutional accumulation, potentially reducing available exchange supply and impacting short-term price dynamics. Traders should monitor exchange reserves and whale wallet activity for potential bullish momentum in Ethereum trading setups.