Ethereum Whale Switches to Long With $116M Position
- Ethereum whale switches from short to long on July 2025.
- Market reaction follows the substantial $116 million bet.
- High-value ETH transaction impacts DeFi and staking protocols.
The recent move by an Ethereum whale, who closed a short and opened a new long position, involved a $116 million leverage on ETH. This particular trade was executed on a 15x leverage, reflecting high-risk market confidence.
The identity of the whale remains publicly undisclosed, yet analysts from prominent platforms noted this significant on-chain transaction. The whale had been involved in past accumulation activities, suggesting strategic moves within the ETH market.
The decision to shift positions has resulted in increased market volatility. There was a noted rise in large, $100k+ ETH transactions, which has influenced investor sentiment toward potential price recovery.
Financial implications suggest ripple effects on related DeFi protocols and other ETH-linked assets. The activity has affected liquidity flows, primarily via platforms such as the Lido staking protocol.
Market observers noted a rise in ETH wallet balances, signaling possible continued accumulation. This aligns with historical whale-driven rallies, often preceding broader market bullish trends after price declines.
This event reaffirms the potential for market momentum shifts. Historical data indicates that whale activities often coincide with market bottoming, leading to subsequent rallies. In past instances, these moves impacted both ETH and related assets.
“A significant on-chain transaction has been detected where a cryptocurrency whale purchased 47,121 Ethereum (ETH) for approximately $169 million. This large-scale acquisition is interpreted as a bullish signal, suggesting that major investors, or ‘whales’, are actively accumulating ETH.” – Crypto Rover, On-chain Analyst, Social Media
