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ETH Whale 0xF4Bd Deposits 2,585 ETH to Binance — USD 11.32M Transfer, 89% Profit Reported by Lookonchain | Flash News Detail | Blockchain.News
Latest Update
9/2/2025 4:59:00 PM

ETH Whale 0xF4Bd Deposits 2,585 ETH to Binance — USD 11.32M Transfer, 89% Profit Reported by Lookonchain

ETH Whale 0xF4Bd Deposits 2,585 ETH to Binance — USD 11.32M Transfer, 89% Profit Reported by Lookonchain

According to Lookonchain, wallet 0xF4Bd deposited 2,585 ETH to Binance, valued at USD 11.32 million at the time of the post, source: Lookonchain. Lookonchain reports the wallet’s trade resulted in a USD 5.33 million profit, a gain of 89%, source: Lookonchain. Based on Lookonchain’s figures, the transfer size implies an approximate reference price of about USD 4,379 per ETH (11.32M/2,585), source: Lookonchain. Using the reported profit and gain, the estimated cost basis is roughly USD 2,317 per ETH and profit per ETH about USD 2,062, derived from Lookonchain data, source: Lookonchain. Lookonchain posted the update on September 2, 2025, source: Lookonchain.

Source

Analysis

In the dynamic world of cryptocurrency trading, a significant Ethereum whale movement has caught the attention of market participants. According to blockchain analytics expert Lookonchain, a whale identified as 0xF4Bd recently deposited 2,585 ETH, valued at approximately $11.32 million, into the Binance exchange. This transaction, executed on September 2, 2025, resulted in a substantial profit of $5.33 million, marking an impressive 89% gain for the whale. Such large-scale deposits by whales often signal potential selling pressure or profit-taking strategies, which can influence Ethereum's price action and overall market sentiment. Traders monitoring ETH/USDT pairs on Binance should watch for increased trading volumes around this event, as it could lead to short-term volatility in the Ethereum market.

Ethereum Price Implications and Trading Opportunities

Delving deeper into the trading implications, this whale's deposit comes at a time when Ethereum has been navigating through various market cycles. While specific real-time price data isn't available in this context, historical patterns suggest that whale deposits to exchanges like Binance frequently precede price corrections or consolidations. For instance, if we consider general on-chain metrics, Ethereum's network activity, including transaction volumes and active addresses, often correlates with such movements. Traders might look at key support levels for ETH, potentially around the $4,000 mark based on recent trends, though exact figures should be verified with current charts. This event highlights opportunities for swing traders to capitalize on potential dips, buying ETH at lower prices if selling pressure intensifies. Moreover, with the profit realization of 89%, it underscores the profitability of long-term holding strategies in volatile assets like ETH, encouraging retail traders to assess their positions amid broader crypto market flows.

On-Chain Metrics and Market Sentiment Analysis

From an on-chain perspective, whale activities provide valuable insights into market sentiment. The deposit of 2,585 ETH not only represents a significant capital inflow to Binance but also reflects the whale's strategy to lock in gains amid uncertain market conditions. According to data shared by Lookonchain on September 2, 2025, this move follows a pattern where large holders realize profits during bullish phases, potentially signaling a shift in sentiment. For traders, this could mean monitoring Ethereum's trading volume across multiple pairs, such as ETH/BTC and ETH/USDT, to gauge liquidity and potential breakout points. Institutional flows, often tracked through similar whale alerts, suggest that such deposits might correlate with increased exchange inflows, which historically pressure prices downward in the short term. However, if Ethereum's ecosystem developments, like upgrades or DeFi integrations, counterbalance this, it could lead to a quick rebound, offering day traders entry points for long positions.

Expanding on broader market correlations, this Ethereum whale activity intersects with stock market trends, particularly in tech-heavy indices that influence crypto sentiment. For example, movements in AI-related stocks could spill over to AI tokens within the crypto space, indirectly affecting ETH as a foundational asset for decentralized applications. Traders should consider cross-market opportunities, such as hedging ETH positions against stock volatility, especially if global economic indicators point to risk-off environments. In terms of resistance levels, Ethereum might face hurdles near $5,000 if buying momentum builds post-deposit, based on general market observations. Ultimately, this event serves as a reminder for traders to incorporate whale tracking into their strategies, using tools like on-chain analytics to predict shifts in trading volumes and price movements. By focusing on verified data points from sources like Lookonchain, market participants can make informed decisions, potentially turning such whale actions into profitable trading setups.

To optimize trading strategies around this development, consider the following insights: Ethereum's 24-hour trading volume often spikes following whale deposits, providing liquidity for scalpers. Long-term investors might view this as a buying opportunity if the market dips, aiming for resistance breaks. Additionally, correlating this with Bitcoin's dominance could reveal altcoin rotation patterns, where ETH gains traction during BTC consolidations. Overall, this whale's profitable deposit exemplifies the high-stakes nature of crypto trading, where timely analysis of on-chain data can uncover hidden opportunities amid market fluctuations.

Lookonchain

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