Ethereum Whale Bets Big With $40M Long Position
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 28 2025Whale's Bold Move: A prominent Ethereum whale has opened a $40 million long position, indicating strong bullish sentiment and potentially signaling a price surge for ETH as it approaches key resistance levels.
Market Implications: This significant investment may influence other traders' actions, with analysts closely monitoring support and resistance zones for signs of an uptrend, especially in light of potential institutional demand and upcoming developments.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
