<ul><li>Massive withdrawals of Ethereum (ETH) have been observed from centralized exchanges, with Binance accounting for 7.8 million ETH (33-39% of total outflows).</li><li>The price of ETH currently stands at $3,858, down 2.4% in the past 24 hours and 21.1% below its all-time high of $4,878.</li><li>Deutsche Bank is reportedly developing a Layer-2 blockchain on Ethereum using ZKsync technology.</li><li>Technical analysts suggest a potential price correction to $3,400 based on bearish chart patterns.</li></ul>

Ethereum (ETH) Price: Market Weighs Impact of 7.8M Token Binance Withdrawal

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