Ethereum ETF Inflows Hit $ 862 M-Whale Wallet Pulls $59M ETH from Binance
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Institutional Accumulation of Ethereum: A new wallet withdrew 26,256 ETH ($59.6M) from Binance, indicating a strategic accumulation by institutions, while June saw ETH ETF inflows reach $862M with minimal outflows, reflecting strong institutional confidence in Ethereum.
Long-Term Commitment and Market Dynamics: Significant ETH movements suggest a shift in liquidity and potential short-term volatility; however, consistent staking and ETF inflows indicate a long-term commitment to Ethereum by institutional investors, reinforcing market confidence.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






