Ethereum is experiencing a significant outflow, with 7.8 million ETH withdrawn from Binance as part of a larger 20.8 million ETH exodus from exchanges, indicating potential long-term accumulation by holders. Currently trading at $3,858, ETH shows weaker performance compared to Bitcoin, with technical indicators suggesting a possible drop to support levels around $3,400. Meanwhile, Deutsche Bank is entering the Ethereum ecosystem with plans for a ZKsync layer-2 solution, highlighting the growing intersection of traditional finance and cryptocurrency.