Key results:
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Ethereum Whale opened a long position worth USD 11.15 million when ETH exploded from the bull’s flag.
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The price of ETH increased above USD 2850, pushing a whale trade to an unrealized profit worth USD 366,000.
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Ethereum options have become rapidly negative, which indicates the growing positioning of a stubborn trader.
The ether with a high rate (ETH) The long trade produces waves, just as cryptocurrency comes out of the key technical pattern, fueling expectations compared to 30% of the price to USD 3670.
$ 11 million signals ETH LONG SIGNALS WarLISH sentiment
On June 10, Ethereum Whale opened a $ 11.15 million position on ETH with a 25 -fold lever, which is 4,000 ETH plants for the price of an input of 2,758.35 USD.
The ether price increased to around USD 2850 on June 11, driven higher in the hope that the federal reserve will reduce interest rates at interest rate Cooling inflation.
The enhance in the ETH price caused a whale position on the territory of deeper profit. At current whale levels, he sits at an unrealized profit of around USD 366,600.
The position has a liquidation price of 2,466 USD, offering a relatively tight margin of error, but also emphasizes the high belief in motion.
Ethereum options: traders are stubborn brief -term
The Ethereum option market has become definitely confident in the last 48 hours.
The 25-Delta sketch, which measures the difference in valuations between stubborn calls and bears, has changed much lower than Monday.
The 1 -week -old sky fell to -7.0% from -2.4%, while the 1 -month sky fell to -6.1% from -5.6%, according to Glassnode data.
Such a deepening negative slag reflects the growing demand for brief -term connection options, which suggests that traders are becoming more and more positioning in the near future.
Ethereum Bull Flag Breakout increases 30% of the rally potential
The price of ETH has increased by more than 100% in the last two months, conducted primarily by the improvement of Pectra Ethereum at the beginning of May and the restructuring of its basic foundation in early June.
On Monday, Ether crossed something that seems to be a model of bull flag, and then a continuous enhance in prices and volume.
The stunning and growing volume of rotation indicates a sturdy conviction of the salesman that the price of ETH may accumulate towards the target of the bull flag of about USD 3,670, which is an enhance of 30% compared to current levels to June.
Related: ETHEREUM network growth, ETF inflow and price profits lure modern investors
Many analysts, including the Khartered standard, look at 4000 USD in 2025. In 2025, some fractal analyzes, with one related to gold, even predict cryptocurrency to reach $ 5000-6000 in the coming months.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.