The price of Ethereum has shown a lackluster performance today, with hardly any noticeable rise. An analysis of on-chain data reveals a remarkable transaction amidst the current market slump. It is reported that a well-known investor entered a position worth 100 million USD in long positions for Ethereum yesterday, with an entry price of 4657 USD and a liquidation price of 2811 USD.

This massive transaction has attracted market attention. Some analysts believe that if the investor does not cancel this order, it could have a certain impact on the market. Some traders speculate that this may lead market manipulators to be unwilling to push prices up to avoid triggering a large long position profit.

However, there are also views that such large transactions may reflect some investors' confidence in the long-term prospects of Ethereum. Nevertheless, in the current market environment, investors still need to act cautiously and closely monitor market trends and the impact of large transactions.

Overall, the Ethereum market is currently in a delicate state of balance. Investors are weighing various factors, including market sentiment, the impact of large trades, and potential price directions. The market trends in the coming days are worth continuous attention.