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Whale Opens Massive $8.94M Long Position on Ethereum at $2,807 Entry Price

2025-07-10 08:36:49

Whale Opens Massive $8.94M Long Position on Ethereum at $2,807 Entry Price

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.

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ETH