#TradingTypes101 A high-risk bullish operation with Ether (ETH) is causing a stir just as the cryptocurrency breaks a key technical pattern, fueling expectations of a 30% price increase to USD 3,670.

An $11 million leveraged long position in ETH indicates bullish sentiment.

On June 10, an Ethereum whale opened an $11.15 million long position in ETH with 25x leverage, equivalent to a bet of 4,000 ETH at an entry price of USD 2,758.35.