Whale adds $100M to $ETH Long raising total position to 120,000 ETH?

ETHUSDT

Perp

3,233.85

-1.67%

On chain data shows that whale wallet 0xb317 just spent an additional $100 million to buy another 30,000 ETH, bringing its total long position to a record 120,000 ETH.

🔹The average entry price was $3,180 USD with 5x leverage.

🔸This move coincided with a wave of accumulation by large institution.

We can probably expect a strong price increase and a breakout above the $3,500 mark.