Ethereum’s Price Roller-Coaster has placed a dramatic bet from a major player. Many small traders are mandating for more losses, but a small number of large accounts have broken the surface and millions have shown massive power.
Ethereum Whale Bets Surface
One whale opened a long position worth $101 million at an entry price of $2,247, using 25x leverage, according to on-chain data. The bet paid off with a profit of around $950,000, but it cost as much as $2.5 million. These numbers show how high the stakes have become.
High prices have been reduced
The whale has also withdrawn its $18,000 ETH, worth 40.38M from #Binance.
Currently, whales are equivalent to $112.62M of ETH, currently down $2.24 million.
Address: 0x3952d69643f7a87237c7fc8bb33f8453c0b45500 https://t.co/49vc0iqmzp pic.twitter.com/rf5cx2gsxz
– Onchain Lens (@onchainlens) June 23, 2025
Based on reports from the lens of the chain, another whale moved more than $40 million in ether from Binance before opening its own leveraged trade.
Combining the two wallets will allow you to ride around $112 million in ETH bounce. However, these $2.5 million fees highlight the hidden costs of big bets.
Middle East tensions strike prices
ETH slid to around $2,113 on Sunday, hitting its lowest level in 30 days. That decline came after US military attacked Iran’s nuclear sites.
US President Donald Trump called the operation a “magnificent success” and warned of more actions if Iran did not retreat. Traders say the fallout from these strikes rattles global markets and gives crypto volatility.
Retailers monitor carefully
Retailers tend to sell when prices go down. However, these whales have a range that weathers the swing. Their large purchases show that they have found value at the current level. However, short traders may not agree. They sit in many short positions and hope that ETH will decline further before it rises.
What the whales are watching
Experts say large holders tend to have a lower breaking point. They can afford to wait months or years in return. Others use complex strategies in multiple markets. It makes their movements difficult to read from the outside. Still, when you see $112 million on the line, it’s a hint that smart money will sense the purchase window.
Risks on both sides
Leveraged transactions amplify profits and losses equally. A 5% drop triggers a forced sale at a 25x position. It could drive a sharp drop in ETH prices. On the other hand, if the market appears, these whales can pocket large revenues far beyond what retailers are seeing.
Investors see the swings in all markets. If geopolitical tensions are cool and big money is bullish, ETH can find scaffolding over $2,200. But another shock (political or technical) can bring the price down again.
Imagen featured images, TradingView charts
