The whale is back again! They are going long with 25x high leverage, and the community believes they are betting on ETH rising again. (Background: Don't believe Ethereum will reach $15,000 by the end of the year?)
Analyzing Tom Lee's prediction history: it's very likely within three years. (Additional background: Standard Chartered reiterated that Ethereum could soar to $7,500 by the end of the year: ETH purchases are still undervalued, and now is the time to enter positions during price corrections.) The Ethereum (ETH) derivatives market is entering an unprecedented high-leverage era. On-chain data from August 2025 shows that multiple whale investors have accumulated long positions worth billions of dollars through platforms like Hyperliquid, with leverage ratios ranging from 15x to 25x, aiming to drive ETH prices higher.
The whale is back, optimistic about the rebound of ETH?
According to community analyst Ai Yi, the most watched case is a whale holding a 'rolling long position of $125,000', with an initial principal of $125,000 that once expanded to $300 million; although their funds recently fell back to $58,000, they added $92,000 in margin last night to open a $2,297,000 ETH long order with 25x leverage, with a closing price of about $4,488, and the latest unrealized profit is about $11,000. Another whale holds 51,000 ETH with 15x leverage, with a nominal value of over $2.3 billion; a larger account holds 86,800 ETH, also betting with 15x leverage. Update: With ETH rebounding, the rolling whales have maximized their positions. Currently, two addresses have opened ETH long orders worth $2,297,000 with 25x leverage, with a margin of $92,000, and closing prices of $4,488.02 and $4,490.8, with unrealized profits of $11,000. These high-leverage positions accelerate market volatility. Recently, a $4.7 billion forced liquidation occurred, highlighting that once prices experience a short-term pullback, the closing chain reaction could spread throughout the market. Institutional buying pressure affects circulating supply. Whales are not alone among retail investors; in August this year, 48 new addresses holding over 10,000 ETH entered the market, absorbing about $240 million in cryptocurrency. Whale accounts coordinated the transfer of about $1.2 billion, with 200,000 ETH flowing out of centralized exchanges within 48 hours, primarily into staking or cold wallets, further reducing circulating supply. Currently, whales hold about 22% of the total supply and continue to absorb 800,000 tokens weekly, significantly reducing the market's floating chips. Technically, the outlook is also bullish, with several analysis media citing bullish triangle patterns, positive MACD indicators, and an 83 money flow index, with the market looking forward to ETH challenging $7,000. Coupled with the impact of $13 billion net inflow into ETFs in the second quarter of 2025.
The impact of the deflationary mechanism in 2025 and the long term seems to have found psychological support for the whales' leveraged bets. However, investors still need to be very cautious, as the current market has a record bullish consensus and closing pressure, and the future direction will depend on whether prices can maintain a safe margin for high-leverage positions. *This article is not investment advice; please conduct thorough research before making any investment decisions. Related report: South Korea orders suspension of 'crypto lending services': leverage threatens market safety, awaiting complete regulatory guidelines. The most comprehensive Vantage registration tutorial for 2025: how to conduct leveraged trading in US stocks and cryptocurrencies in one app? What are contracts for difference?
Without relying on leverage and meme coins, how do the rich continue to get richer in the cryptocurrency world? 'The Ethereum rolling whale is back! With 25x leverage long on ETH, do they see another surge?' This article was first published on BlockTempo, the most influential blockchain news media.
