BREAKING
Ethereum Whale Opens 20x Long on 3,000 ETH Worth $9.62M at $3,208 Avg Entry
ETH
ETH/USDT
$1,888.71
-2.56%
$1,888.71
-2.56%
(24s)24h Volume
$9,731,929,528.13
24h H/L
$1,956.45 / $1,882.98
Change: $73.47 (3.90%)
Long/Short
62.7%
Long: 62.7%Short: 37.3%
Funding Rate
+0.0003%
Longs 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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