
Smart Whale Opens $100M Long on ETH With 25x Leverage, Now Losing $2M
A successful trader with 81% win rate opened a massive $100 million leveraged Ethereum position, but the trade is currently losing $2 million as ETH drops below entry.
Ethereum price demonstrated a huge growth within the past months, gaining interest of the world’s largest financial and technology companies.
A successful trader with 81% win rate opened a massive $100 million leveraged Ethereum position, but the trade is currently losing $2 million as ETH drops below entry.
The alleged Coinbase hacker from May’s $180-400M breach recently lost nearly $1M trading Ethereum, buying at $4,756 and selling at $4,522 per token within two days.
Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Ethereum broke through $4,050 resistance on August 8 following Sharplink Gaming’s $200 million direct offering announcement to expand their Ethereum treasury beyond $2 billion.
Ethereum price is up 5%, reclaiming key resistance levels with daily trading volumes increasing by 12.46%, as bulls take charge ahead of $2.4B options expiry.
Analyst Justin Bennett warns that failure of Ethereum price to hold this level could result in a sharp correction to $1,000 citing the crypto’s logarithmic channel pattern.
The crypto market crash plunges Ethereum (ETH) 15% to revisit $2,300 levels. Amid the crash, the silver linings shine bright and tease a potential to buy at discount prices. Will this downfall record a quick V-shaped reversal in ETH prices?
Ethereum (ETH) has surged almost 4% in the past 24 hours after Ethereum Foundation announced the “Open Intents Framework.”
Ethereum price remains under $3,000, with Ed Hindi from Tyr Capital noting that the market has reached peak bearishness.
Ethereum price sees strong volatility but analysts remain optimistic about Ethereum’s future, supported by strong whale activity and metrics like the realized price at $2,263.
Ethereum price struggles at $2,600, but ETF inflows and whale accumulation could signal a bullish breakout.
Over $605 million worth of Ether exited exchanges during the weekend, potentially supporting price stability as ETH trades below the $2,850 resistance level.
The Ethereum investment products have attracted more than $177 million in cash inflows year-to-date led by by BlackRock’s ETHA.
As Ethereum bulls are waiting on the sideline for a new rally, will the rise in Ethereum ETFs support be the driving factor?
Amid the chances of a bullish crypto market comeback, Ethereum aims to reclaim the $3,000 mark. Driving the bullish hopes, Whales and ETF take the stage. Will this boost drive the ETH price higher to the $3,700 mark?