🐋 An Ethereum whale opened a massive long position of $16.35M with 25x leverage at $4,229.83, betting on a recovery despite the increasing selling pressure.
💰 The high-risk trade could generate over $163K in profits for every 1% increase, and up to nearly $450K if ETH reaches the liquidation cluster target at $4,336.
📉 Ethereum ETFs suffered outflows of $197M on Monday, led by BlackRock and Fidelity, marking the second worst day since their launch.
⏳ The unlock queue reached a record of $3.9B with over 910,000 ETH waiting for withdrawal, increasing the selling pressure.
📈 Technical indicators point to a potential rebound towards $4,750 - $8,000, but a drop of 4.34% to $4,046 would automatically liquidate the whale's position.
⚠️ Why it matters:
This story shows extreme risks in crypto with institutional outflows and larger bets from whales. The outcome could define whether Ethereum withstands the pressure or faces deep corrections, impacting billions in ETF investments.
