Whale Opens $8.9M 3x Long Position on ETH, Secures $4.54M Profit in One Week
2025-07-10 08:20:59
Main Idea
A whale opened an $8.9M 3x leveraged long position on Ethereum (ETH) and secured a $4.54M profit in one week, reflecting growing institutional confidence in ETH's near-term performance.
Key Points
1. A whale initiated a 3x leveraged long position on Ethereum (ETH) valued at approximately $8.94 million on July 10th.
2. The average entry price for the position was $2,807.
3. The whale secured a profit of $4.54 million over the past week on the Hyperliquid platform.
4. This development indicates growing confidence among institutional investors in Ethereum’s near-term performance.
Description
On July 10th, blockchain data revealed a significant whale initiated a 3x leveraged long position on Ethereum (ETH), currently valued at approximately $8.94 million. The average entry price for this
Latest News
- Ether Price Near $3,000 Resistance Amid Mixed Signals from Futures and Layer-2 Growth2025-07-10 21:54:00
- Solana Shows Potential to Reach $164 Amid Institutional Support and Bullish Technical Signals2025-07-10 21:53:17
- Ethereum Shows Rising Volume and Transaction Demand Amid Potential Breakout Setup2025-07-10 21:40:51
- Bitcoin Nears $116,000 Amid Significant Short Liquidations and Market Volatility2025-07-10 21:39:16
- Kevin O’Leary Suggests Bitcoin Infrastructure Investment May Benefit Amid AI-Driven Customer Acquisition Shifts2025-07-10 21:27:24