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Ethereum whale activity returns as ETH trades near reported support

A dormant wallet withdrew 34,601 ETH from Binance while another investor bought 10,000 ETH with borrowed funds, according to TronWeekly.

A dormant wallet withdrew 34,601 ETH from Binance while another investor bought 10,000 ETH with borrowed funds, according to TronWeekly. Ethereum (ETH) is trading at ₹1,99,492 ($2,123.86), up 0.6% since this brief published. This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Tue, 10 Nov 2026 05:45:02 UTC.

Why it matters

The reported movements show renewed whale exposure and a sizable exchange withdrawal just as ETH is testing nearby support. Borrowed-fund buying also highlights the leverage involved in positioning Ethereum during a declining weekly market.

Key takeaways
  • TronWeekly reports 4,312 ETH in whale buying.
  • A dormant wallet withdrew 34,601 ETH from Binance.
  • Another investor bought 10,000 ETH using borrowed funds.
  • ETH is down 6.12% over seven days; market sentiment remains fearful.

TronWeekly highlighted renewed buying activity among large Ethereum holders, with its headline reporting purchases of 4,312 ETH. The same account detailed a dormant wallet withdrawing 34,601 ETH, valued at $73.75 million, from Binance, alongside a separate large investor acquiring 10,000 ETH with borrowed funds. The withdrawal is notable because it represents a substantial movement of Ethereum away from an exchange. TronWeekly also identified $2,103 as an immediate support level for ETH and cited analyst Crypto Patel’s conditional long-term targets reaching as high as $15,000, although those projections depend on future market conditions. Live pricing shows ETH at $2,111.60, placing it close to the reported support area. The token is down 1.21% over 24 hours and 6.12% over seven days, while its market capitalization stands at $258.05 billion. Broader conditions remain subdued: the total crypto market is flat at $2.55 trillion, Bitcoin is down 0.37% over 24 hours, and the Fear & Greed Index reads 32, corresponding to Fear. The immediate focus is whether ETH can remain near the cited $2,103 level while the reported whale flows continue. Further exchange withdrawals, additional leveraged purchases, or changes in the broader sentiment reading would provide the clearest indication of how those positions are developing. The available coverage comes from a single outlet, and no independent source was supplied to corroborate the reported transactions or purchases.

Market reaction since this brief Live

Since this brief published about 10 hours ago, Ethereum (ETH) has moved from ₹1,98,340.88$2,111.60 to ₹1,99,492.45$2,123.86 — +0.58%.

$2,110$2,114$2,118$2,122$2,126 published · $2,112 now · $2,124 (+0.58%) Nov 9 20:00 UTC Nov 10 05:45 UTC
BeforeSince publishPublished · ₹1,98,340.88$2,111.60

The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ETH ≈ ₹212,386 (about $2,123.86), down 0.2% over 24 hours. The rupee itself trades about 6.5% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

₹1,99,492.45$2,123.86 ▼ 0.18%
+0.58% since this brief published
7d -5.84%MCap ₹24.38TFull ETH data →
The market when this published · November 9, 2026
Total market cap₹239.65T
Bitcoin 24h-0.37%
Ethereum 24h-1.21%
BTC dominance58.7%
Fear & Greed32 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.

SectorDeFi lending$48.31Bacross 58 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Ethereum whale activity returns as ETH trades near reported — questions & answers

How much Ethereum did the dormant wallet withdraw?

TronWeekly reports that the wallet withdrew 34,601 ETH from Binance, valued at $73.75 million.

How much ETH was bought with borrowed funds?

According to TronWeekly, a large investor purchased 10,000 ETH using borrowed funds.

Where is ETH trading relative to the reported support?

ETH is priced at $2,111.60, close to the $2,103 support level cited by TronWeekly.

How much is 1 Ethereum worth in rupee today?

About ₹212,386 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,123.86. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.

Has Ethereum's price moved since this brief was published?

ETH is up 0.58% since this brief first published — trading at ₹1,99,492 ($2,123.86) now versus ₹1,98,341 ($2,111.60) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBinance Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 10, 2026 ⛓ Timestamped at Bitcoin block #975,253 sha256:bdfe69c7a821433f
Based on reporting by TronWeekly — this is an original Token Times summary with live market data, not the original article.TronWeekly · Nov 9 20:00 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.