Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Aug 20, 2026 08:27
Three wallets pulled a combined 54,704 ETH ($121M) from Binance today, continuing a multi-whale accumulation streak. One whale alone has withdrawn 120,000 ETH ($237.7M) over the past 3 weeks. Abraxas Capital, a named institutional entity, withdrew 18,000 ETH ($39.56M) today. A newly created wallet pulled another 6,704 ETH ($14M). ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: Exchange outflows at this scale reduce available sell supply and signal ๐˜€๐—ฒ๐—น๐—ณ-๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—ฑ๐˜† ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—บ๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป rather than imminent distribution. $237.7M cumulative from a single whale plus a named institutional player adds conviction. Sustained withdrawal pressure builds structural buy-side support for ETH. https://arkm.com/explorer/address/0x2d5979DC265e1349d13410fC1f5d5Db6C12BB177 source: lookonchain Track real-time signals & trade โ†’ https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2063(Hupzy (Spot On Chain))
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