Ethereum Investors Are Pulling ETH Off Binance at a Pace Not Seen in 3 Years

• Ethereum rose 6% in 24 hours, trading above $2,700, and has increased 80% from $1,510 in three months, indicating strong accumulation.
• Monthly average ETH withdrawals from Binance have surpassed 90,000, the highest in three years, suggesting investors are moving ETH to private wallets for long-term holding.
• US-based Ethereum ETFs faced significant outflows totaling $404.7 million midweek, resulting in August's ETF inflows dropping below $190 million despite some recovery on Monday and Friday.

https://cryptopotato.com/ethereum-investors-are-pulling-eth-off-binance-at-a-pace-not-seen-in-3-years/