COINOTAG News, reporting on December 10, cites Hyperinsight observations of the “1011 Insider Whale” with a sizeable Ethereum (ETH) long exposure valued at approximately $2.68 billion. The position operates with 5x leverage, entered at $3,108.49 per ETH, and shows an unrealized gain of about $16.8 million to date. The disclosure highlights ongoing risk assessment as market participants evaluate potential upside in the Ether market.

The same address holds a remaining $63 million buy-limit order for a long at $3,280, indicating an intent to expand ETH exposure if price action reaches that threshold.