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ETH Whale Resumes Buying Spree After Market Dip

ETH Whale Resumes Buying Spree After Market Dip

CoinomediaCoinomedia2025/12/15 04:33
By:Aurelien SageAurelien Sage

Major ETH whale withdraws $119M in ETH from Binance after borrowing $85M USDT, signaling renewed buying interest.Massive Borrowing and ETH Withdrawal from BinanceWhat It Means for Ethereum and the Market

  • Whale borrowed $85M USDT from Aave and sent it to Binance
  • Withdrew 38,576 ETH worth $119M from Binance
  • Whale had previously purchased $1.5B in ETH

After a period of market decline, one of the most influential Ethereum whales has jumped back into the action. Known in the crypto community as the #66kETHBorrow Whale, this investor previously bought nearly 490,000 ETH worth $1.5 billion. Now, new on-chain activity suggests this whale is accumulating again, potentially signaling renewed confidence in ETH.

Massive Borrowing and ETH Withdrawal from Binance

In the past 8 hours, this whale borrowed a whopping $85 million USDT from the decentralized lending protocol Aave, and then transferred the entire amount to Binance. Soon after, the same wallet withdrew 38,576 ETH, valued at approximately $119.3 million, from Binance.

This strategic move shows that the whale likely used the borrowed USDT to buy ETH on Binance and then pulled the assets into a self-custodial wallet — a typical sign of long-term holding intentions.

As the market dropped, the #66kETHBorrow Whale — who previously bought 489,696 $ETH ($1.5B) — has started buying $ETH again.

Over the past 8 hours, he borrowed 85M $USDT from #Aave to #Binance , and then withdrew 38,576 $ETH ($119.3M) from #Binance . https://t.co/lFa4hVdnH8 pic.twitter.com/ZOx5fNcQFk

— Lookonchain (@lookonchain) December 15, 2025

What It Means for Ethereum and the Market

Large-scale ETH purchases by whales often suggest growing confidence in Ethereum’s future price action. Despite the recent market dip, this move indicates that influential investors may see the current price as a buying opportunity.

Such behavior can also affect market sentiment. If more whales follow suit, it could create upward pressure on ETH prices or at least help stabilize the current downtrend.

While retail investors often panic during downturns, whales tend to use dips as accumulation phases — and this latest move is a textbook example.

Read Also :

  • ETH Whale Resumes Buying Spree After Market Dip
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  • Solana Price Prediction for 2026 Is Increasingly Positive, but the Likely Crypto Explosion Will Come From Elsewhere: DeepSnitch AI
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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