Whale Opens Massive $8.94M Long Position on Ethereum at $2,807 Entry Price
2025-07-10 08:36:49
Main Idea
A whale opened a large $8.94 million long position on Ethereum with an entry price of $2,807, indicating a bullish stance on its potential upward trajectory.
Key Points
1. A whale initiated a $8.94 million long position on Ethereum with 3x leverage.
2. The average entry price for the trade was $2,807 per ETH.
3. This large trade reflects a strategic investment amid current market conditions.
4. The move suggests confidence in Ethereum's potential upward movement.
Description
A significant market movement was observed as a crypto whale initiated a long position valued at $8.94 million, representing a leverage of three times the amount of Ethereum (ETH) involved.
$ETH
$2808.77
+3.39%
Latest News
- Bitcoin Price Nears $114K Amid Stablecoin Liquidity Surge and Institutional Buying Signals2025-07-10 18:47:22
- VeChain’s VET May See Increased Adoption Through Wanchain Cross-Chain Bridge Integration2025-07-10 18:32:40
- SEC DELAYS GRAYSCALE SPOT AVALANCHE ETF2025-07-10 18:19:39
- US Treasury Considers Repealing Bitcoin Tax Reporting Rule, Signaling Potential Shift in Crypto Policy2025-07-10 18:07:14
- Bitcoin Breaks $114,000 Could Trigger $956 Million Short Liquidation on Major CEX Platforms2025-07-10 17:53:18