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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
  • China’s JD.com enters stablecoin race as US passes GENIUS Act
  • Iranian crypto exchange Nobitex reportedly exploited for $73M: ZachXBT
  • Bitcoin, crypto dip as Trump says Iran’s leader an ‘easy target’
  • Agriculture firm AgriFORCE powers 120 crypto miners with natural gas
  • Archetyp dark web market shut down, but ecosystem adapts: TRM Labs
  • Washington’s second-biggest city, Spokane, bans crypto ATMs
  • Spanish bank BBVA suggests clients make 7% crypto allocation

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