Ethereum Whale “1011 Insider” Holds $23.47M Unrealized Gain on 77,385 ETH After Binance Withdrawals

According to COINOTAG News and on-chain analyst Ai Auntie, the so-called ‘1011 Insider Whale’ address moved 77,385.34 ETH on December 1. The position now carries an unrealized gain of about $23.47 million, with an average withdrawal price of $2,835 and a current quote near $3,141.

Earlier reporting indicated the same address deposited roughly $230 million in stablecoins into Binance on December 1, after which a newly created address withdrew the ETH tranche (approximately $219 million). These on-chain movements underscore active capital reallocations in major crypto liquidity venues.

These data points confirm substantial activity by the actor but do not imply a market trend. Traders should monitor pricing gaps relative to realized cost as liquidity shifts across exchanges, with Ethereum price dynamics remaining central to risk management.