BREAKING
Ethereum Whale Opens 20x Long on 3,000 ETH Worth $9.62M at $3,208 Avg Entry
ETH
ETH/USDT
$1,830.37
+9.97%
$1,830.37
+9.97%
(24s)24h Volume
$15,413,816,230.36
24h H/L
$1,849.54 / $1,658.95
Change: $190.59 (11.49%)
Long/Short
66.7%
Long: 66.7%Short: 33.3%
Funding Rate
-0.0007%
Shorts pay
Data provided by COINOTAG DATALive data
COINOTAG News reports, citing HyperInsight, that a notable on-chain whale known as “30 Longs’ Persevering Whale” has established a leveraged long exposure on 3,000 ETH, using 20x leverage. The position totals about $9.62 million and carries an average entry price around $3,208.26.
High leverage on this Ethereum position signals a directional bet on its near-term trajectory, but it also elevates margin risk and liquidity sensitivity should volatility widen. Traders should monitor funding dynamics and order-book depth as this whale activity could influence short-term price action.
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