Insider whale known for flash crashes deposits an additional 112,894 ETH to Binance

OldLeekConfession · 2026-01-21T15:22:42+00:00

Large traders are once again shaking the cryptocurrency market. A notable move by the "1011 insider whale" involved a deposit of 112,894 ETH (approximately $337 million) to Binance, indicating strategic market positioning. This behavior highlights the growing significance of on-chain analysis in tracking significant capital movements and their potential impact on market dynamics.

OldLeekConfession

2026-01-21 15:22:42

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Large traders shaking up the cryptocurrency market are once again attracting attention. According to the latest monitoring by on-chain analysis platform Lookonchain, the “1011 Insider Whale,” known for flash crashes, reportedly executed a large deposit of 112,894 ETH (approximately $337 million at current market prices) to Binance. The behavior pattern of this whale investor consistently draws high interest among market participants.

On-Chain Analysis of Large Position Structures

It has been reported that this insider whale currently holds a total long position of $749 million across three assets: BTC, ETH, and SOL. Such large position holdings are often interpreted not merely as speculative activity but as strategic interventions in the market.

Thanks to Lookonchain’s on-chain analysis technology, the movements of such large funds can now be tracked in real-time, significantly enhancing market transparency. This allows for the identification of actions by major players behind sudden price movements like flash crashes.

Implications of Large Deposits to Binance

The recent additional deposit of 112,894 ETH is believed to be a deliberate strategic move by this investor. The concentration of funds into Binance, one of the world’s largest exchanges, is likely a preparatory step for upcoming large trades.

The fact that major investors chose to transfer funds at this timing reflects their strategic judgment regarding market liquidity and price formation mechanisms. With ETH currently priced at $2,990 (latest data), market observers are paying even closer attention to these movements.

Market Ripple Effects

Changes in behavior among large position holders are becoming important indicators for gauging the overall market direction. It is suggested that activities of such big players may be involved behind abnormal price fluctuations like flash crashes.

Going forward, continued monitoring through on-chain analysis of this insider whale’s next moves will be crucial in understanding the potential market impact.

ETH-4,19%

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