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A crypto whale tracked as 0xeCE7 shifted $225 million in USDC onto Binance, Bybit, and Deribit and then pulled 32,007 Ethereum—valued at about $77.52 million—off Binance after buying. The burst of activity arrives as a long-dormant Bitcoin whale has resurfaced, moving roughly $469.8 million in BTC after more than 14 years of silence and reminding traders how closely markets watch big wallets.
In a post on X, Lookonchain reported that the same address funneled the USDC to multiple venues over about 10 hours before withdrawing the 32,007 ETH from Binance. The post pegged the ETH haul at $77.52 million.
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The Ethereum move stood out for its sequencing: stablecoins went in first, then ETH came out, a pattern that can signal planned execution across exchanges and derivatives venues. The inclusion of Deribit alongside spot-heavy platforms like Binance and Bybit also put options and hedging tools in focus.
Mysterious whale 0xeCE7 bought another 32,007 $ETH($77.52M).
Over the past 10 hours, this whale deposited 225M $USDC to #Binance, #Bybit, and #Deribit, then withdrew 32,007 $ETH($77.52M) from #Binance.https://t.co/htRUj5v42I pic.twitter.com/jji5slofkU
— Lookonchain (@lookonchain) April 18, 2026
Large transfers can also put a spotlight on operational security, not just strategy. In the Bitcoin case, the revived wallet made a small “test” transfer worth $218 before sending the much larger amount, a behavior often read as a cautious check that keys and routing still work.
That same Bitcoin wallet had been inactive since January 15, 2011, after accumulating BTC over two days starting January 13, 2011. Over that stretch, Bitcoin’s price climbed from around $0.393 to $118,561, a gain of at least 30,168,093%.
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Crypto watchers often treat dormant-wallet awakenings differently from active-trader flows because they can raise questions about intent, custody, and whether coins…
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