$ETH Here's a concise summary of your market update, with some added context for clarity:
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Ethereum Whale Makes Bold Move Amid Bullish Breakout
An Ethereum whale initiated an $11.15 million leveraged long position just as ETH broke out of a bull flag pattern — a classic bullish continuation signal. The well-timed entry paid off quickly as ETH surged past $2,850, generating an unrealized profit of $366K for the trader.
Adding to the bullish sentiment, the Ethereum options skew turned sharply negative, reflecting increased demand for call options and suggesting a shift toward more aggressive bullish positioning among traders.
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