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Ethereum whale boosts leveraged long to 30,000 ETH, risking more after $44.61M profit in 2 months

Technical Signals
20 Apr 2026
Crypto news
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Bullish
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A leveraged Ethereum whale who earned $44.61 million in two months has increased its long position to 30,000 ETH by adding 12,000 ETH at around $2,288 per ETH. This move pushed the average entry price to $2,288.3 and turned the position back into unrealized profit as the market stabilized. The whale uses high leverage, reportedly 15x, amplifying both potential gains and risks in Ethereum's derivatives market. This aggressive strategy highlights growing confidence among large traders amid recent price volatility, signaling a key risk level near $2,300 for Ethereum's market.

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