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
$2822.82
+2.57%
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