Ethereum Slips Below $3,200 as 5x Leveraged Insider Whale Accumulates 120,094 ETH at a $3,177.89 Cost Basis

ETH

ETH/USDT

$1,723.78

+1.69%

$1,723.78

+1.69%

(24s)

24h Volume

$6,073,686,169.64

24h H/L

$1,733.89 / $1,679.11

Change: $54.78 (3.26%)

Long/Short

71.7%

Long: 71.7%Short: 28.3%

Funding Rate

+0.0032%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,716.19

▲ 0.29%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,824.96

Resistance 1$1,733.72

Price$1,716.19

Support 1$1,710.60

Support 2$1,614.35

Support 3$1,505.68

Pivot (PP):$1,712.75

Trend:Downtrend

RSI (14):39.3

COINOTAG News, citing Hyperinsight, reports that Ethereum traded beneath the sub-$3,200 threshold on December 11, as the so‑called ‘1011 Insider Whale’ operating with 5x leverage opened a long of 120,094 ETH valued at about $3.83 billion. The position sits roughly $200,000 in the red after a prior peak of $16.8 million in floating profit. Since then, the trader has continued to add to the stake to lift the average entry price, establishing a cost basis of $3,177.89 per ETH.

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