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A whale wallet has withdrawn over 63k ETH for a collective worth of more than $14 million.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A whale wallet, 0xD50, has withdrawn 63,678 Ethereum tokens from Binance.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.

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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.

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