Ethereum whale opens $11M leveraged bet amid ETH price’s 30% rise potential
ETH price rising to around $2,850 drove the whale’s $11 million leveraged long into $366,000 paper profit.
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Key takeaways:
An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag.
ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit.
Ethereum options skew turned sharply negative, indicating growing bullish trader positioning.
A high-stakes Ether$ETH $2,773 long trade is making waves just as the cryptocurrency breaks out of a key technical pattern, fueling expectations of a 30% price rally toward $3,670.
