$50M Just Dropped Into Ethereum! Why a Senior Whale Thinks ETH Is Ready to Explode
A major whale shocked the market after injecting $50 million to boost a massive leveraged long position on Ethereum.
On-chain data now shows the position controls 80,985 ETH, sparking speculation that big players see a new bullish phase forming.
Whale Adds $50M to Expand Leverage Exposure
According to Bitcoin World, the address “1011short” deposited $50M USDC to reinforce a 5x long, with:
Entry: $3,108
Liquidation: $1,653
Unrealized profit: ~$16.9M
This aggressive move signals strong confidence in ETH’s near-term upside—though the leverage also raises liquidation risk.$$
ETH
2,941.09
-5.95%
