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COINOTAG News reports, citing monitoring data, that smart money has expanded its ETH long exposure following the 10/11 flash crash. In the latest window, the group added 2,621.95 ETH (about $9.96 million) and placed a 700 ETH limit buy in a bid range of $3,804.8–$3,809.9 per ETH, worth roughly $2.66 million.
With this move, their total ETH long position rises to 16,380.08 ETH (approximately $62.35 million), securing the runner-up spot among Hyperliquid’s ETH longs.
This activity signals ongoing demand from active crypto participants in the Ethereum ecosystem and adds to bid-side interest near the $3,800 level. Market participants should monitor the evolving ETH longs landscape and price action for validation rather than speculation.
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