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Ethereum Whale 0xdE03 Sells 25,755 ETH for $117M and Deposits 45,132 ETH to Binance at $3,668 Avg, Realizing ~$73M Profit — On-Chain Data | Flash News Detail | Blockchain.News
Latest Update
9/12/2025 1:11:00 PM

Ethereum Whale 0xdE03 Sells 25,755 ETH for $117M and Deposits 45,132 ETH to Binance at $3,668 Avg, Realizing ~$73M Profit — On-Chain Data

Ethereum Whale 0xdE03 Sells 25,755 ETH for $117M and Deposits 45,132 ETH to Binance at $3,668 Avg, Realizing ~$73M Profit — On-Chain Data

According to Lookonchain, wallet 0xdE03 sold another 25,755 ETH worth about 117 million dollars roughly six hours ago, taking profits based on on-chain traces shared on X and Arkham Intelligence address explorers (source: Lookonchain on X; Arkham Intelligence). According to Lookonchain, over the past three years the wallet withdrew 44,661 ETH from exchanges at an average 2,411 dollars and staked it, then later deposited 45,132 ETH to Binance at an average 3,668 dollars with transactions referenced via Arkham Intelligence (source: Lookonchain on X; Arkham Intelligence). According to Lookonchain, the wallet still holds about 3,362 ETH valued near 15.2 million dollars and has realized an estimated total profit of approximately 73 million dollars from these flows as evidenced by the linked addresses (source: Lookonchain on X; Arkham Intelligence).

Source

Analysis

In the dynamic world of cryptocurrency trading, significant whale movements often signal potential shifts in market sentiment and price action for major assets like ETH. According to blockchain analyst @lookonchain, a prominent Ethereum whale identified as 0xdE03 has recently executed a substantial sell-off, depositing another 25,755 ETH valued at approximately $117 million just six hours ago. This move is part of a broader profit-taking strategy that has unfolded over the past three years, highlighting how large holders can influence Ethereum's market dynamics and offering traders valuable insights into potential resistance levels and trading opportunities.

Ethereum Whale's Strategic Profit-Taking and Historical Transactions

Diving deeper into the details, this whale initially withdrew 44,661 ETH, worth about $107.7 million, from various exchanges at an average price of $2,411 per ETH. These funds were then staked, allowing the holder to earn yields while Ethereum's price appreciated. Subsequently, the whale deposited 45,132 ETH, totaling $165.5 million, back to Binance at an elevated average price of $3,668 per ETH. This calculated approach has resulted in an impressive total profit of around $73 million, with the whale still retaining 3,362 ETH valued at $15.2 million as of the latest update on September 12, 2025. Such transactions underscore the importance of monitoring on-chain metrics for traders, as whale deposits to exchanges like Binance often precede increased selling pressure, potentially testing key support levels in the ETH/USD trading pair.

From a trading perspective, this whale's activity provides a textbook example of buy-low, stake, and sell-high strategies in the crypto market. The average acquisition cost of $2,411 contrasts sharply with the recent selling price around $3,668, reflecting Ethereum's strong bullish run over the period. Traders should note that large-scale deposits to centralized exchanges can correlate with short-term price corrections, as they increase available supply. For instance, if we analyze the ETH/BTC pair, such movements might amplify volatility, creating opportunities for swing trades. Without real-time data, it's essential to cross-reference this with current market indicators like trading volume and RSI to gauge if ETH is approaching overbought conditions.

Market Implications and Trading Opportunities for ETH

Considering the broader implications, this whale's profit-taking could contribute to heightened market caution among retail traders, especially if Ethereum is hovering near resistance levels. Historical data shows that when whales offload significant holdings, it often leads to temporary dips, allowing savvy traders to enter at lower support zones. For example, if ETH tests the $3,500 support level following this sell-off, it could present a buying opportunity for those eyeing a rebound toward $4,000, based on previous price patterns. On-chain analytics reveal that staking withdrawals and subsequent deposits are key signals; in this case, the whale's remaining 3,362 ETH suggests not a complete exit but a partial liquidation, which might mitigate bearish sentiment.

Integrating this into a comprehensive trading strategy, investors should monitor multiple pairs such as ETH/USDT on Binance, where volume spikes could indicate follow-through selling or accumulation. Institutional flows, often tracked through tools like those from @lookonchain, show that Ethereum's market cap remains robust, with potential correlations to stock market trends—particularly AI-driven tech stocks that influence crypto sentiment. If broader markets rally, ETH could see upward momentum despite whale sales. Traders are advised to set stop-losses around recent lows and watch for breakout signals above $3,700, incorporating volume analysis to confirm trends. This event also ties into Ethereum's ongoing upgrades, like potential shifts in staking rewards, which could attract more institutional interest and stabilize prices long-term.

To optimize trading decisions, consider the profit calculation: the whale's $73 million gain stems from a 52% price appreciation from acquisition to sale, emphasizing Ethereum's growth potential. For those trading derivatives, options strategies around these levels could hedge against volatility. Overall, while this sell-off might pressure prices short-term, it reinforces ETH's appeal as a core holding for long-term portfolios, with traders benefiting from detailed on-chain insights to navigate the market effectively.

Lookonchain

@lookonchain

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