Whales are accumulating ETH through withdrawals from Binance, according to Lookonchain monitoring cited by PANews on Aug. 20. Wallet 0x2d59 withdrew 30,000 ETH, valued at $67.42 million, from Binance 20 minutes earlier, bringing its cumulative withdrawals over the past three weeks to 120,000 ETH worth $237.7 million. Abraxas Capital also withdrew 18,000 ETH valued at $39.56 million, while newly created wallet 0x2261 withdrew 6,704 ETH worth $14 million.