BREAKING
220d 21h ago

Smart Money Goes All-In on Ethereum with $6.7M 25x Leveraged Position on Hyperliquid

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On July 4th, blockchain analytics revealed that institutional investors shifted their strategy by initiating a significant long position on Ethereum (ETH) using 25x leverage via Hyperliquid. This position encompasses 2,638.71 ETH, valued at approximately $6.7 million, with an entry price near $2,545.74. Previously, these investors had exited Bitcoin longs and increased exposure to Solana (SOL), indicating a tactical portfolio realignment. The smart money segment has realized cumulative gains of $15.92 million on Hyperliquid, including $7.62 million accrued over the past week, underscoring their adept market timing and risk management. Such moves highlight the growing confidence in ETH’s near-term upside potential among sophisticated traders, reflecting broader trends in leveraged crypto derivatives markets. Monitoring these on-chain activities provides critical insights into market sentiment and liquidity flows, essential for investors aiming to navigate the volatile crypto landscape effectively.

Share News:
Don't Miss Breaking News