Strategic Move by Whale Yields Major ETH Gains

Recent on-chain data from Lookonchain reveals a notable short-term Ethereum trade executed by an address starting with 0xC45A.

The trader withdrew 3,000 ETH from Binance on February 24 at a price of $1,853 per token, amounting to a total value of approximately $5.56 million at the time.

Perfectly Timed Reversal Trade

Just over ten days later, with ETH prices rising, the same address deposited all 3,000 ETH back into an exchange 11 hours ago at a market rate near $2,183.

  • Entry price: $1,853 per ETH
  • Exit equivalent: $2,183 per ETH
  • Price difference: +$330
  • Total profit: ~$991,000

This move reflects a clean, tactical approach—buying low off-exchange and selling high on-exchange—without signs of fund obfuscation or complex routing.

In a volatile crypto landscape, such precise timing highlights how seasoned players leverage market movements for substantial gains.