Three-Year Ethereum Strategy Pays Off: Whale 0xdE03 Secures $73M in Ethereum Profits

cryptonews.net 2 hours ago

Ethereum Whale Wallet Sale

Ethereum whale wallet 0xdE03 executed a significant sale of 25,755 ETH valued at $117 million just six hours ago, according to data from Lookonchain. This sale represents the latest action in a series of profit-taking transactions over the past three years.

> Whale 0xdE03 sold another 25,755 $ETH ($117M) 6 hours ago to take profits.
>
> Over the past 3 years, he withdrew 44,661 $ETH ($107.7M) from exchanges at an average price of $2,411 and staked it, then deposited 45,132 $ETH ($165.5M) to #Binance at an average price of $3,668.
>
> He still holds 3,362 $ETH ($15.2M).
> ETH Whale Activity
> — Lookonchain (@lookonchain) September 12, 2025

Strategic Withdrawals and Staking Over Three Years

In the last three years, the whale has strategically withdrawn 44,661 ETH (valued at $107.7 million) from exchanges, averaging an entry price of $2,411 per ETH. Instead of selling immediately, the whale opted to stake the assets, earning rewards during retention.

This hoarding strategy evolved into an active profit-taking approach, resulting in the sale of 45,132 ETH (worth up to $165.5 million) back to Binance, capitalizing on market shifts when the value of coins increased.

Historical Deposit and Transfer Patterns

Data from Arkham Intelligence indicates a consistent transaction activity for the whale wallet over several years, including:

  • 14,648 ETH ($32.8M) deposited two years ago.
  • 11,304 ETH ($20.7M) transferred from Binance hot wallets during accumulation.
  • Various smaller transfers ranging from 1 ETH to over 8,000 ETH, reflecting both small tests and larger transactions.

The recent transfer of 25,755 ETH to Binance emphasizes the whale’s continued use of centralized exchanges for profit selling.

Remaining Holdings and Profit Tally

Despite the massive sales, the whale retains 3,362 ETH in staking contracts. This brings the total profit from these transactions to approximately $73 million, marking one of the most effective Ethereum trading strategies in history.

Blockchain records show the remaining stakes in Eth2 pools totaling 3,361.8881 ETH, valued at $15,205,853 at current prices.

Implications for Ethereum Market

Movements by large whales often raise concerns about market impacts. While significant sell-offs can exert downward pressure, Ethereum’s liquidity has historically absorbed massive buy-ins without drastic volatility.

This situation highlights the influence whales have on short-term market sentiment. The recent liquidation of $117 million signifies a substantial supply influx, prompting traders to closely monitor ETH price movements in the coming days.

Currently trading around $4,500, whales who accumulated ETH during the 2022-2023 lows remain in a favorable position for profits. This whale’s activity may also encourage other large holders to secure gains, potentially impacting market volatility in the short term.




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