A16z withdrew 25,560 ETH worth $43M from Binance, continuing a pattern of institutional self-custody moves that could impact Ethereum supply dynamics.

A16z withdrew 25,560 ETH worth $43M from Binance, continuing a pattern of institutional self-custody moves that could impact Ethereum supply dynamics.

A wallet linked to a16z withdrew 25,560 ETH (about $42.62M) from Binance, Lookonchain says, as ether trades far below its peak.

A wallet attributed to a16z withdrew 25,560 ETH ($42.62M) from Binance on Tuesday, per Lookonchain, as ETH trades roughly 27% below its 30-day high.