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Is Ethereum about to break out? $2 million options bet heats up the market!
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A "whale" just spent $2 million on ETH call options with strike prices of $3,200 and $3,400, expecting a strong 30% price increase from the current level of $2,465 before the end of June 2025.
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Why is ETH hotter than ever?
Strong recovery: After a 45.3% drop in Q1, ETH rose 34.9% in Q2, with May exploding at +41.1%!
Pectra upgrade: Enhancing scalability, supporting smart contracts for regular wallets (EIP-7702).
Spot Ethereum ETF: Rumors of U.S. approval for a staking ETF boost optimistic sentiment.
Institutional participation: SharpLink Gaming transfers $425 million into ETH as treasury reserves!
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Price prediction: If it breaks $2,925, ETH could reach $3,200–$3,500. But beware, selling pressure could pull the price back to $2,500.
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Will ETH reach $3,200 by the end of June? Stay tuned, the opportunity is coming!
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