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Huge Ethereum VC Withdrawals Spotted, More ETH Selloff Underway?

Lookonchain, an on-chain crypto analytics platform, revealed that Fenbushi Capital and Galaxy Digital, two prominent Venture Capital firms withdrew ETH from the Binance crypto exchange. According to the transaction details, Fenbushi Capital withdrew 5,207.4 ETH worth approximately $17.2 million, while Galaxy Digital withdrew 6,000 ETH valued at about $19.8 million.

Both Fenbushi Capital and Galaxy Digital withdrew $ETH from #Binance after the market dropped.

Fenbushi Capital withdrew 5,207.4 $ETH($17.2M) from License.

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