- Anon whale withdraws 20,000 ETH from Binance
- Ethereum Foundation kicks off staking ETH
- Ethereum price action
Data shared by on-chain analytics provider Lookonchain shows that large crypto whales’ sentiment may have reversed as they begin to accumulate the second-largest cryptocurrency, Ethereum. One of those whales has withdrawn a five-digit amount of ETH from two major crypto exchanges, likely after a recent purchase.
Meanwhile, the ETH price has attempted to recover, soaring by 7.08%.
Anon whale withdraws 20,000 ETH from Binance
The above-mentioned data source, Lookonchain, revealed that a whale whose wallet ends in 0x166f has taken off a huge amount of Ethereum from two largest crypto trading platforms: Binance and Deribit.
HOT Stories
Morning Crypto Report: Cardano (ADA) Listed on Bitstamp Singapore, Peter Brandt Skeptical of $150K Bitcoin Target, Dogecoin Price Confirms ‘Death Cross’ on Weekly DOGE Chart
Ripple’s CTO Emeritus Shuts Down ‘Nonsensical’ Centralization Accusations
The whale withdrew a staggering 20,000 ETH worth $38.25 million over the past few hours. There are two explanations for this. The first one is that the whale acquired this crypto and decided to withdraw it to his cold wallet. The second is that the whale is rebalancing its portfolio and is moving part of its Ethereum holdings into long-term storage.
Ethereum Foundation kicks off staking ETH
Earlier this week, the Ethereum Foundation announced it had begun to stake a portion of its ETH treasury, following its treasury policy announced last year. On Feb. 24, the foundation staked 2,016 Ethereum coins.
Overall, the EF intends to stake 70,000 ETH (which is currently $133,692,881 in fiat). The rewards for those staked coins will be sent directly to the Ethereum Foundation treasury. Today, the EF made a 2016 ETH deposit. Approximately 70,000 ETH will be staked, with rewards directed back to the EF treasury. The staking was conducted using open software Dirk and Vouch, the tweet specifies.
The EF stated that they are excited to make this crucial step as it helps not only to secure the Ethereum network but also to fund its core operations and activities. Those include ecosystem development, community grant funding, protocol R&D and much more.
Ethereum price action
Over the past seven days, Ethereum has declined by approximately 10%, losing the psychologically important price level of $2,000. On Feb. 24, ETH landed on $1,814. Then, after Bitcoin went up, fueled by the U.S. president’s speech before Congress, Ethereum followed suit, rising by roughly 7%, recovering $1,915.
However, after that, ETH was pushed down by almost 2%, and then it went up again, paring that loss. Currently, Ethereum is changing hands at $1,916 per coin.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploit, 9 of 12 Members Vote in Favor
Arbitrum froze 30,766 ETH from the KelpDAO hack, worked with law enforcement, and recovered about a quarter of assets, while locking funds pending governance amid decentralization versus security debates.
Abstract: This article reports that the Arbitrum Security Council froze 30,766 ETH (about $70 million) tied to the KelpDAO exploit, with nine of twelve votes, and moved funds to a secure wallet in coordination with law enforcement. The operation targeted only affected assets to minimize network disruption. The exploiter is suspected to be DPRK-associated. The breach began April 18 via a LayerZero-powered bridge, draining 116,500 rsETH (~$292 million). About a quarter of stolen assets have been recovered. The frozen funds will remain locked until governance and legal authorities decide the next steps, prompting debate over decentralization versus security.
GateNews28m ago
Tether Mints 1 Billion USDT on Ethereum
Gate News message, April 21 — According to Onchain Lens, Tether minted 1 billion USDT on Ethereum eight minutes ago.
GateNews33m ago
OCBC Launches GOLDX Tokenized Gold Fund on Ethereum and Solana
OCBC launches GOLDX, a tokenized physical gold fund on Ethereum and Solana with Lion Global Investors and DigiFT, targeting institutions and Web3 participants; tokenized RWAs reach $29B on chains.
OCBC, with Lion Global Investors and DigiFT, introduced GOLDX, a tokenized version of the LionGlobal Singapore Physical Gold Fund on Ethereum and Solana. The product targets institutional investors and high‑net‑worth individuals, allowing purchases with stablecoins or fiat and delivery to blockchain wallets, providing on‑chain exposure to about $525 million in gold assets. OCBC views GOLDX as a milestone linking traditional finance with the decentralized finance ecosystem to attract Web3 participants. The broader context shows rapid growth in tokenized real‑world assets, with RWAs on public blockchains exceeding $29 billion by mid‑April 2026, while gold prices traded in a tight range around $4,775–$4,831 per ounce.
GateNews38m ago
Bitmine bought 101627 ETH last week! Tom Lee: Crypto winter is nearing its end
Bitmine Immersion Technologies (BMNR) announced on April 20 that it purchased 101,627 Ethereum (ETH) last week, the largest week-over-week purchase since 2026, bringing its total ETH holdings to 4,976,000. Bitmine chairman Tom Lee said publicly that the crypto winter is closer to ending than the market expects.
MarketWhisper3h ago
Arbitrum emergency freezes KelpDAO hacker’s 30,766 ETH
Arbitrum’s Security Committee announced on April 21 that it has taken emergency action to freeze 30,766 ETH on the Arbitrum One chain related to the KelpDAO hacker attack. With assistance from law enforcement agencies, the Security Committee confirmed the attacker’s identity and devised a technical plan to transfer the funds to an interim freeze wallet without affecting any other chain state or Arbitrum users.
MarketWhisper3h ago
4-Week-Old Wallet Withdraws 80,000 ETH Worth $184.7M from Centralized Exchange
Gate News message, a wallet created four weeks ago has withdrawn 80,000 ETH valued at $184.7 million from a centralized exchange. The wallet address is 0x32E11a20337ebC79Abd0EEab2d91BAFBd9591149.
GateNews3h ago
