Mysterious Whale Buys Ethereum: 32,007 ETH Leaves Binance
TL;DR
A mysterious whale has withdrawn 32,007 ETH, worth $77.52 million, from Binance, contributing to Ethereum's recent 5.30% gain. This activity contrasts with small retail traders who are selling their tokens.
Key points
- Mysterious whale withdrew 32,007 ETH from Binance
- Withdrawal valued at $77.52 million
- Ethereum price rose 5.30% recently
Mentioned in this story
Ethereum saw gains in the week, rising 5.30% as cryptocurrencies saw a rebound. Crypto outperformed other major asset classes, standing out in particular against gold, which rose a modest 2.65% over the week. Ethereum extended its recovery from the March 29 low of $1,937, with whales participating in the rise. A mysterious whale is loading up on Ethereum, withdrawing 32,007 ETH from major crypto exchange Binance within the last 24 hours.
Mysterious whale 0xeCE7 bought another 32,007 $ETH($77.52M).
Over the past 10 hours, this whale deposited 225M $USDC to #Binance, #Bybit, and #Deribit, then withdrew 32,007 $ETH($77.52M) from #Binance. pic.twitter.com/jji5slofkU
— Lookonchain (@lookonchain) April 18, 2026 According to Lookonchain, mysterious whale 0xeCE7 bought another 32,007 ETH worth $77.52 million. Over the past 10 hours, the whale deposited 225 million USDC to Binance, Bybit, Deribit and then withdrew 32,007 ETH worth $77.52 million from Binance. While larger whales are accumulating, this is in contrast with small retail traders who are selling their tokens.
Ethereum highlights divergence
According to Santiment, small retail traders are dumping their Ethereum aggressively, with wallets with 0.01 ETH or less dropping 1,791 ETH worth $4.16 million in just the past two days. Ethereum has risen by more than 17% since March 29, with some traders believing it might be a bull trap. This week, Santiment indicated that the number of Ethereum wallets holding at least 100,000 ETH jumped from 54 to 57. Ethereum supply held on exchanges has fallen to multi-year lows, further tightening liquidity on order books. At the time of writing, ETH was trading up 0.71% in the last 24 hours to $2,359, after rising to $2,466. As ETH rose, a smart trader pension-usdt.eth is now down over $15.5 million on his 1,000 BTC worth $77.5 million and 20,000 ETH worth $48.7 million shorts. In recent news, Charles Schwab, which oversees about $12.2 trillion in client assets, is set to roll out spot BTC and ETH trading for retail clients through Paxos, with fees set at 75 bps per transaction.
Q&A
Who is the mysterious whale that bought 32,007 ETH?
The mysterious whale is identified by the address 0xeCE7, which recently purchased 32,007 ETH from Binance.
What was the total value of the ETH withdrawn from Binance?
The total value of the 32,007 ETH withdrawn from Binance was approximately $77.52 million.
How has Ethereum's price changed recently?
Ethereum's price has risen by more than 17% since March 29, currently trading at around $2,359.
