A whale has leveraged a newly created wallet to take a 25x long position on $ETH, amounting to a total investment of $49.3 million. This strategic move highlights the whale’s confidence in the cryptocurrency market, particularly in Ethereum. By utilizing the new wallet, the whale aims to maximize potential gains through significant leverage. Such actions by large investors can influence market trends and investor sentiment, drawing attention to the dynamics of cryptocurrency trading. The decision to go long indicates a bullish outlook on the future performance of Ethereum, which has seen fluctuating prices in recent months.
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This update on Whale Uses New Wallet to Open $49.3 Million Long Position on $ETH sits inside the Latest News narrative we have been tracking on November 13, 2025. Our editorial view is that the market will reward projects/sides that can show real user activity and liquidity depth, not only headlines.
For Google/News signals: this piece adds context on why it matters now, how it relates to recent on-chain moves, and what traders should watch in the next 24–72 hours (volume spikes, funding rates, listing/speculation, or regulatory remarks).
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