On February 8, Lookonchain reported that two newly created wallets withdrew 3,500 BTC and 30,000 ETH worth over $300 million from Binance, hinting at whale accumulation. This development complements other significant whale movements the same day, including Onchain Lens data showing whale address 0x28e withdrawing 50,415 ETH valued at $104.54 million and transferring most to wallet 0x3E1, which now holds 50,155 ETH. Earlier activity included two whales removing 29,079 ETH worth $59.78 million from OKX and Binance in under 13 hours. Collectively, these actions underscore the impact of large transactions on exchange liquidity and market dynamics.