Ethereum Whale Wallet 0xde03 announced just six hours ago that 25,755 ETH was $117 million, according to RookOnchain data. A massive acquisition is the latest profitable action in a series of intentional transactions over the past three years.
Whale 0xde03 sold an additional $25,755 ETH ($117mm) six hours ago, making a profit.
Over the past three years, he has withdrawn $44,661 ETH ($107.7m) from the $2,411 exchange, betting on it and depositing $45,132 ETH ($165.5 million) into #Binance on the average of $3,668.
He still holds $3,362 eth ($15.2m)
– lookonchain (@lookonchain) September 12, 2025
Strategic withdrawal and 3 years of staking
Over the past three years, whales have strategically withdrawn 44,661 ETH (rated at 107.7 million) from the exchange. On average, these withdrawals were made at an entry price of 2,411 per ETH. The whale was not sold on the first opportunity, but staked assets while holding.
This hoarding approach has turned into an aggressive profit acquisition. At an average price of $3,668 per ETH, the whales returned 45,132 ETH (valued up to $16.55 million) to Binance, bringing high profits as the market moved, and the coins became even more valuable.
History deposits and transfer patterns
Arkham Intelligence Data shows that there have been regular whale wallet activities for almost several years. Important transfers include:
- 14,648 ETH ($32.8M) deposited two years ago.
- During accumulation, 11,304 ETH (20.7m) was transferred from the binance hot wallet.
- Some small transfers between 1 ETH and over 8,000 ETH reflect both tests and massive transfers.
The latest 25,755 ETH relocation to Binance highlights whether whales are still using centralized exchanges to sell their holdings and secure profits.
Remaining holdings and profit tally
Nevertheless, the Whale has 3,362 ETH worth of contracts even after the huge sale. This brings his overall profit to around $73m, setting one of the most effective Ethereum buying and selling plans in recent history.
Blockchain data shows that the remaining shares are tied up in an ETH2 pool with a balance of 3,361.8881 ETH, which is equivalent to $15,205,853 at its current price.
Impact on the Ethereum market
The movement of large whales can make traders worried about their impact on the market. These massive sales can put downward pressure on them, but Ethereum’s liquidity has absorbed even a billion dollar purchases in the past without volatilizing at terminal speeds.
Nevertheless, the incident underscores the role whales play in driving short-term market sentiment. The liquidation to $117 million is a significant supply inflow, and future traders will pay sharp attention to ETH price movements over the next few days.
With Ethereum trading for around $4,500, whales accumulated at the 2022-2023 lows are still in a good position to make a profit. This whale activity could be motivated to benefit other large owners. This can affect volatility in the short term.
