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🚨 Just half an hour ago, on-chain data shows two big whales opening long positions on ETH simultaneously
Whale 1
· Going long, 25x full margin
· 4,400 ETH, entry price $2,325.66
· Total value $10.24 million
· Liquidation price $1,998.40
· Current unrealized profit +$8,496
Whale 2
· Going long, 20x full margin
· 3,004.2 ETH, entry price $2,327.08
· Total value $6.99 million
· Liquidation price $566.79
· Current unrealized profit +$337
Together, the two hold over 7,400 ETH, with a total value of $17.23 million, averaging an entry price around $2,326.
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📈 What’s next for ETH?
Both whales are heavily long at the same level ($2,325–$2,327), indicating they believe it can go higher.
Whale 1’s liquidation price is at $1,998, still some distance from now; Whale 2’s liquidation price shows at $566.
Currently, both are in profit. As long as ETH can hold above $2,320, it’s easy to push higher, first targeting $2,380–$2,400.
The only risk is if the price drops below $2,000, Whale 1 would be liquidated, but Whale 2’s position is very resilient.
Overall, the big whales are showing real money support, and the short-term trend leans toward sideways to upward movement.
👉 Summary: There’s a high probability of a further push, with support at $2,300–$2,320 and resistance at $2,380. Follow the trades closely and strictly control stop-losses—don’t go all-in!
$ETH