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Ethereum whale opens $90M long bets as ETH price chart eyes $3.2K

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 104 Views

Ethereum whale opens $90M long bets as ETH price chart eyes $3.2K

ETH price rising to $2,400 drove whales to open large ETH long bets, as technical indicators suggest a short-term ETH price rally toward $3,000.

An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin.

Key takeaways:

Ethereum whale opened a leveraged long position totaling $90.8 million.

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