Ethereum gained 5.30% this week on the back of a rally in cryptocurrencies. Cryptocurrencies have outperformed other major asset classes, particularly against gold, which is up just 2.65% this week.
Ethereum extended its recovery from the March 29 low of $1,937, with whales joining the rally.
Mysterious Whale Loads into Ethereum and Withdraws $32,007 $ETH from major crypto exchange Binance within the last 24 hours.
Mysterious Whale 0xeCE7 bought 32,007 more $ETH($77.52 million).
In the last 10 hours, this whale deposited 225 million $USDC Transferred money to #Binance, #Bybit, #Deribit and withdrew 32,007 $ETH($77.52 million) from #Binance. https://t.co/htRUj5v42I pic.twitter.com/jji5slofkU
— Lookonchain (@lookonchain) April 18, 2026
According to Lookonchain, the mysterious whale 0xeCE7 bought an additional 32,007 pieces. $ETH Worth $77.52 million. In the last 10 hours, whales have deposited $225 million $USDC Transfer to Binance, Bybit, Deribit and then withdraw 32,007 $ETH Binance worth $77.52 million.
While large whales are accumulating, this is in contrast to small retail traders selling tokens.
Ethereum highlights differences
Santiment said small retail traders are actively dumping Ethereum, with wallets holding $0.01. $ETH Decrease below 1,791 $ETH worth $4.16 million in the past two days. Ethereum is up more than 17% since March 29, and some traders believe this could be a bullish trap.
This week, Santiment suggested that there are at least 100,000 Ethereum wallets. $ETH The supply of Ethereum held on exchanges has fallen to multi-year lows, further tightening order book liquidity.
At the time of writing, $ETH After rising as high as $2,466, it was trading at $2,359, up 0.71% in the past 24 hours.
as $ETH Rose, Wise Trader’s Pension – usdt.eth is now down more than $15.5 million at $1,000 $BTC $77.5 million and $20,000 equivalent $ETH Shorts worth $48.7 million.
In recent news, Charles Schwab, which manages about $12.2 trillion in client assets, plans to start making spot investments. $BTC and $ETH For retail customer transactions through Paxos, the fee per transaction is set at 75 bps.
