🚀 🚨Big Bet on Ethereum: Trader Drops $2M on ETH Surge to $3,400 by June-End! 🚨
A high-stakes trader just made a bold $2 million bet on Ethereum, snapping up 61,000 ETH call options with strike prices of $3,200 and $3,400 signaling a 30%+ price surge in just 3 weeks! 📈
### Why the Bullish Confidence?
✅ Pectra Upgrade: Ethereum’s recent upgrade boosted scalability, validator flexibility, and Layer-2 efficiency, reigniting investor optimism.
✅ Institutional Moves: SharpLink Gaming announced a $425M ETH treasury reserve, mirroring early Bitcoin corporate adoption trends .
✅ ETF Hype: Rumors swirl about a spot ETH ETF with staking unlike Bitcoin ETFs, this could unlock yield + price upside** for institutions.
### But… Market Sentiment is Mixed
📉 ETH is down ~6% today amid a broader crypto slump (thanks, Trump-Musk feud? 😅) .
⚖️ Technicals show key support at $2,424 if broken, deeper corrections loom .
Verdict: Will ETH defy the dip and rocket to $3.4K? 🚀 Or will macro pressures stall the rally?
👉 Like & Share if you’re bullish! Drop your ETH price predictions below. ⬇️
#Ethereum #ETH #Crypto #Trading #ETF #Blockchain #Bullish
(Sources: CoinDesk, Coinpedia, CoinCentral)