Ethereum Surges Above $3,600 as U.S. Senate Reaches Shutdown Deal; Insider Whale’s $1.4B Ethereum Long Position Unrealized Gains Rise to $7.2M

COINOTAG News, November 10. According to HyperInsight monitoring, positive headlines surrounding the U.S. Senate’s progress to end the federal government shutdown provided a constructive backdrop for risk assets, with Ethereum trading resilience on the morning session. The digital asset remained above $3,600, signaling continued demand among traders and institutions.

On-chain data show a substantial Ethereum long exposure near $1.4 billion, linked to the so‑called “1011 Insider Whale,” with unrealized gains rising to about $7.2 million. The combination of headline optimism and large-scale player activity highlights a moment of renewed liquidity in the crypto market and a cautious tilt toward ETH as the narrative evolves.