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Ethereum whale opens $11M leveraged bet amid ETH price’s 30% rise potential

cryptoweekly by cryptoweekly
June 11, 2025
in bitcoin, News
0

ETH price rising to around $2,850 drove the whale’s $11 million leveraged long into $366,000 paper profit.

Key takeaways:

An Ethereum whale opened a $11.15M leveraged long position just as ETH broke out of a bull flag.

ETH’s price surged above $2,850, pushing the whale’s trade into a $366K unrealized profit.

Read more

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Recent Posts
  • Ethereum whale opens $11M leveraged bet amid ETH price’s 30% rise potential
  • After stablecoin push, Stripe acquires crypto wallet developer Privy
  • Peaq and UAE bet on tokenized machines to power future economy
  • Currency must be separated from state: Returning to Bitcoin's original vision
  • Trump’s CFTC chair pick won’t push president for bipartisan commission
  • Trump’s consumer protection reforms could leave crypto users in a lurch
  • When an AI says, ‘No, I don’t want to power off’: Inside the o3 refusal

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