Despite recent selling pressure, a prominent Ethereum whale has remained active in accumulating ETH tokens. This whale, with address “0x5fA,” recently withdrew over 2,774 ETH worth $5.27 million from Binance, adding to their accumulated holdings since February. This withdrawal follows the altcoin’s significant price drop of 45% in Q1 2025 and a notable downturn in market sentiment. 16,415 ETH have been withdrawn by this whale so far. His current losses exceed $13 million. Arkham Intelligence data shows he holds a total of 7,870 ETH tokens. This activity comes amid ongoing uncertainty within the cryptocurrency market. While prices have remained relatively stable since early March around $1.8K, Ethereum has experienced a nearly 10% weekly decline since the beginning of March after earlier recovery attempts to regain the $2K level. This price drop has fueled increasing selling pressures, reflected in the altcoin’s RSI value of 42.64, indicating an oversold condition according to TradingView data.