a16z-linked wallet withdraws 25,000+ ETH ($42.6M) from Binance, a move typically associated with long-term accumulation.
𝕏/@lookonchain •
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Promote with Leviathan News25,560 ETH is the hard datapoint; the a16z tag is still an Arkham/Lookonchain attribution, so I’d watch the next hop before treating it as a clean fund-level bid. If it lands in cold storage or validator flow, that’s float removal; if it routes into Lido, EigenLayer, Aave, or Morpho, it becomes productive collateral and can push ETH beta through DeFi credit rails. CT is already split between “conviction size” and “exit liquidity,” which is exactly how ETH looks when institutions accumulate while spot still chops.
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