Whale Wallet Withdraws ETH, Analysts Explain the Game Around Ethereum Tokens on Current Situation

TheNewsCryptoPublished on 2026-02-03Last updated on 2026-02-03

Abstract

A whale wallet (0xD50) withdrew 63,678 ETH (worth $14.73 million) from Binance. This follows Trend Research depositing 93,588 ETH ($215.14 million) to the exchange, reportedly to sell and repay a loan. Analysts shared their Ethereum strategies: Ali Martinez plans to buy at $1,800 and sell at $10,000, while Lucky suggests the current price could be a bounce point and advises taking profits. ETH is currently trading around $2,288, with predictions of a potential rise to ~$2,614. Meanwhile, spot Ethereum ETFs are attempting to break a streak of three consecutive outflows.

A whale wallet has withdrawn over 63k ETH for a collective worth of more than $14 million. This comes after Trend Research sent more than 93k ETH to Binance. Analysts have shared their game plans around Ethereum tokens at a time when a single Ether is hovering around $2,200. Meanwhile, it remains to be seen if Spot Ethereum ETFs will break the streak of consecutive outflows.

Whale Wallet Withdraws ETH

A whale wallet, 0xD50, has withdrawn 63,678 Ethereum tokens from Binance. Their collective worth was $14.73 million at the time of the transaction. According to Onchain Lens, the whale wallet earlier withdrew 0.100 ETH worth approximately $231.38, and 0.00200 tokens at almost $5.46 – all values being true at the time of their respective transactions.

All transactions come after Trend Research sent 40,000 Ether within 24 hours to Binance. The first transaction saw a transfer of 20,000 ETH for around $45.52 million. And, the second transaction recorded a movement of 20,000 tokens for approximately $46.54 million.

Both transactions have now taken the deposit to a total of 93,588 Ethereum tokens for $215.14 million. The objective is reportedly to sell and repay the loan.

Analysts on their Gameplan for Ethereum Tokens

Two notable crypto analysts, Ali Martinez (alicharts) & Lucky (LLuciano_BTC), have shared their gameplans around Ethereum tokens. Ali Charts has underlined his buy and sell levels through an X post. He has said that he would buy when ETH reaches $1,800 and sell at $10,000.

Lucky has stated his opinion that the current price level of ETH could be a point from which it gets a decent bounce. In a different X post, he has reiterated that markets, whether stock or crypto, are inherently volatile. Adding to that, he has suggested that the community take profits when they are available instead of getting emotionally attached to a position.

ETH Price and ETF Marks

ETH price is currently hovering around $2,288.34, up by 0.44% over the last 24 hours as the entire crypto market attempts recovery from recent declines. ETH price prediction estimates the token make a monthly jump of 12.40% and exchange hands at around $2,614.67, amid the high volatility of 8.40%. Overall sentiments are bearish with the 14-Day RSI signalling an oversold sentiment with 27.78 points.

Spot Ethereum ETFs are simultaneously trying to break the streak of 3 consecutive outflows, which commenced on January 29, 2026. The historical cumulative inflows stand at over $12 billion as of February 02, 2026.

Highlighted Crypto News Today:

ARK Invest Buys $72 Million in Crypto Stocks as Bitcoin Price Falls

TagsETHETHEREUMWhale Alert

Related Questions

QHow much ETH did the whale wallet 0xD50 withdraw from Binance and what was its total value?

AThe whale wallet 0xD50 withdrew 63,678 ETH from Binance, with a total value of $14.73 million at the time of the transaction.

QWhat was the total amount of ETH that Trend Research deposited to Binance and what was the stated objective?

ATrend Research deposited a total of 93,588 ETH to Binance, valued at $215.14 million. The objective was reportedly to sell the ETH and repay a loan.

QWhat are the specific buy and sell price targets for Ethereum as shared by analyst Ali Martinez?

AAnalyst Ali Martinez stated that he would buy Ethereum when its price reaches $1,800 and sell when it reaches $10,000.

QWhat is the current price of ETH and what does the 14-Day RSI reading indicate about market sentiment?

AThe current price of ETH is $2,288.34. The 14-Day RSI reading of 27.78 points signals an oversold market, indicating overall bearish sentiment.

QWhat is the current situation with Spot Ethereum ETFs regarding fund flows as of the article's date?

AAs of the article's date (February 02, 2026), Spot Ethereum ETFs are trying to break a streak of 3 consecutive days of outflows that began on January 29, 2026. Their historical cumulative inflows stand at over $12 billion.

Related Reads

Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

Cardano founder Charles Hoskinson dismissed rumors of his departure, clarifying in a June 4 livestream that he is only stepping back from public communication, not resigning from the project. This followed community concern after his "taking a break" post on X. Hoskinson cited an unsustainable level of online toxicity, with nearly one-third of replies to his posts being hostile or abusive, making meaningful engagement nearly impossible. While acknowledging X's role in crypto information flow, he stated the psychological cost is too high. He emphasized his focus remains on technological development like RealFi, Midnight, and research, not on ADA's price. Hoskinson described a "tale of two Cardanos": significant protocol advancements versus poor market performance leading critics to label it a failure. He called for the community to resolve this dissonance by moving discussions away from X, rethinking incentives, and developing a new shared roadmap. He was critical of the Cardano Foundation's lack of accountability. Hoskinson announced he will take time away from public videos and social media to reflect, but will continue working on Midnight. He stated he will only engage in channels where he is treated with respect and dignity.

bitcoinist46m ago

Hoskinson Denies Cardano Exit Rumors: ‘I’m Not Leaving’

bitcoinist46m ago

There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?

The Federal Open Market Committee (FOMC) is scheduled to meet on June 16-17, with markets widely expecting the Fed to maintain interest rates at their current level of 3.5-3.75%. According to the CME FedWatch Tool, there is a 99.4% probability of rates remaining unchanged. The outcome of this meeting is anticipated to impact Bitcoin's price. If rates are held steady, Bitcoin's current market trajectory is likely to continue unchanged. Conversely, an unexpected rate hike could trigger bearish sentiment by reducing investor risk appetite and market liquidity, potentially leading to sell-offs. A rate cut, though currently considered improbable, would be the most bullish scenario, encouraging investment in risk assets like Bitcoin and potentially driving its price higher.

bitcoinist2h ago

There’s An FOMC Meeting Scheduled This Month, But Will The Fed Decision Affect Bitcoin?

bitcoinist2h ago

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

Anthropic has confidentially filed for an IPO, led by Morgan Stanley and Goldman Sachs, potentially going public by October. Following its latest $650 billion funding round, its pre-IPO valuation stands at $965 billion, with projections reaching up to $2 trillion at listing, which would make it the highest-valued private company ever. The article, written by Fu Sheng, addresses skepticism that this represents an AI bubble akin to the 2000 dot-com crash. It argues the current situation differs fundamentally. Unlike the internet bubble era, which relied on speculative narratives with little revenue, Anthropic's valuation is backed by unprecedented, measurable financial performance. Key data points include: * **Revenue Growth:** ARR skyrocketed from $10 billion in early 2025 to $470 billion by May 2026, targeting $100 billion by year-end—a growth curve unmatched in business history. * **Profitability:** It achieved operating profitability in Q2 2026 with an estimated $5.6 billion profit. * **Efficiency:** With ~3,000 employees and ~$470 billion ARR, its revenue per employee exceeds $10 million. Products like Claude Code, launched less than a year ago, already generate $25 billion in annualized revenue. * **Enterprise Adoption:** It boasts a strong enterprise client base, with 8 of the Fortune 10 and over 1,000 large firms spending over $1 million annually on Claude. The valuation is framed using a traditional SaaS model (e.g., a 10x Price-to-Sales multiple on $100 billion revenue). The author contends the core question for analysts has shifted from "How big could this be?" to "How much is it earning and will earn next quarter?" The discussion extends beyond Anthropic to a broader paradigm shift: the transition from a "carbon-based" to a "silicon-based" economy. Companies are increasingly prioritizing investment in compute and AI capabilities over human resources, as these directly scale productivity and competitive advantage. Anthropic's IPO is thus positioned not just as a corporate milestone, but as a price anchor for this new economic era.

链捕手2h ago

Anthropic's IPO Launch: Commercial Miracle or Valuation Bubble?

链捕手2h ago

US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules

A group of U.S. Senate Republicans, led by Senator Cynthia Lummis, is urging federal bank regulators to establish clear and fair capital rules for banks involved with crypto assets. In a letter to the Federal Reserve, FDIC, and OCC, the lawmakers criticized the international Basel Committee's standards, which impose a punitive 1,250% risk weight on crypto assets, calling it a de facto ban not based on actual risk. They applauded recent interagency guidance that granted tokenized securities the same capital treatment as traditional ones, arguing this risk-based principle should apply consistently to all digital assets. The senators called on the agencies to develop a new capital framework, aligning with recent legislative progress on crypto market structure. Their push coincides with testimonies from top regulators, who emphasized a shift toward more risk-based supervision and responsible innovation, while also addressing stablecoin oversight under new proposals.

bitcoinist2h ago

US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules

bitcoinist2h ago

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

NEAR Returns to AI Origins: From Payroll Struggles to Blockchain, Now Focusing on AI Agents and Privacy NEAR Protocol's journey began not with grand blockchain ambitions, but from a practical hurdle: its AI startup founders, including Transformer paper co-author Illia Polosukhin, couldn't efficiently pay international developers in 2017. This led them to pivot and build a high-performance, scalable blockchain. After years navigating various crypto narratives like sharding and cross-chain interoperability, NEAR is now leveraging its AI roots to re-enter the AI arena. A key driver is its "NEAR Intents" layer, which abstracts complex cross-chain transactions. Users simply state their goal (e.g., swap BTC for ETH), and a solver network finds the optimal route. This system has processed over $20B in cross-chain volume, generating significant fee revenue. A major growth area is private transactions via "Confidential Intents/Swaps," which hide trade details until settlement to protect against MEV and front-running. Remarkably, private swaps recently accounted for over 40% of NEAR's transaction volume, highlighting strong demand but also potential regulatory scrutiny. With its AI-founder pedigree, NEAR is positioning itself at the intersection of blockchain, AI agents, and privacy, aiming to become infrastructure for the emerging agent economy while navigating the challenges of its rapid adoption.

marsbit4h ago

Near Returns to the AI Stage: Transformation into a Public Chain Due to 'Payroll Difficulties,' Agent and Privacy Emerge as New Growth Narratives

marsbit4h ago

Trading

Spot
Futures

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ETH (ETH) are presented below.

活动图片

Top Questions