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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
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality
  • Russian government readies tougher rules for miners

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