A major cryptocurrency whale has shifted significant holdings from centralized exchange Binance into decentralized finance (DeFi), sparking speculation about Ethereum’s (ETH) near-term market trajectory.
1 hour ago, a whale 0x1fc withdrew 2,329 $ETH (~$10M) from #Binance
Just now, he has totally 7,952 $ETH (~$34.2M) & 34.3M $USDe in his wallet.
Address:https://t.co/eGTBWRX43L pic.twitter.com/CUbuwbdYLS
— The Data Nerd (@OnchainDataNerd) September 7, 2025
On September 7, blockchain monitoring account The Data Nerd reported that the wallet in question withdrew 2,329 ETH (approx. $7.6 million) from Binance. The address now holds 7,952 ETH and $34.3 million worth of USDe stablecoins, with total assets estimated at $70.9 million.
Strategic Move to DeFi
Following the withdrawal, the whale supplied 5,622 ETH (around $18.4 million) and $27.5 million in liquidity to Uniswap V4, a leading decentralized exchange protocol.
According to AI-based market analysis, such large-scale transfers from centralized exchanges (CEX) to DeFi often coincide with short-term market corrections or increased volatility.
Potential Arbitrage and Market-Making
Analysts suggest that the whale may be positioning for arbitrage opportunities or market-making in DeFi. With blockchain’s transparency, these sophisticated institutional-grade moves are closely monitored by traders worldwide.
Large-scale wallet actions are often seen as indicators of broader market shifts. This redistribution of Ethereum highlights an ongoing trend of capital flowing from centralized exchanges to decentralized platforms, reinforcing DeFi’s growing role in crypto’s future.
Market watchers are now closely observing Ethereum’s price action amid heightened volatility, as whale movements continue to shape liquidity and sentiment.