On February 7, 2025, Lookonchain reported a dormant Ethereum whale withdrew 34,233 ETH worth $68.78 million from Binance before redepositing 24,452 ETH valued at $50.05 million. The whale’s holdings fell from a $47.5 million profit to a $57.3 million unrealized loss, with historical withdrawals totaling 116,000 ETH since June 2025. Separately, on February 8, 2025, two newly created wallets withdrew 3,500 BTC and 30,000 ETH from Binance, amounting to over $300 million, suggesting potential whale accumulation. These significant movements may impact both Bitcoin and Ethereum market sentiment.