🚨 ALERT $ETH ! 🚀 A WHALE BETS $11M LEVERAGED AND ETH SOARS! HEADED FOR $3,670? 🤯💸
📢 A whale with #Ethereum has made a risky bet of $11.15 million with 25x leverage just as ETH breaks a bullish flag! 🚀 With the price of Ether surpassing $2,850, this whale already has an unrealized profit of $366,000.
On June 10, the whale went long with 4,000 #ETH at $2,758.35, coinciding with optimism over declining inflation data in the U.S., which fueled hopes for Federal Reserve rate cuts. Ethereum options data shows a strongly negative delta 25 bias, indicating that traders are buying short-term call options, positioning for a rise. Additionally, the breakout of a bullish flag pattern on the daily ETH chart, with increased volume, suggests that the price could spike towards $3,670 by the end of June. Analysts like Standard Chartered even see ETH at $4,000 in 2025, and some fractals point to $5,000-$6,000 in the coming months.
🤔 Do you think Ethereum is about to explode and reach new highs, even exceeding the most bullish expectations?
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