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Ether Whales Open $100M Leveraged Positions Following US Strikes
- Ether whales opened $100M leveraged positions following US airstrikes, showing optimism for Ethereum's price recovery.
- One investor entered a long position with $101 million worth of Ethereum at $2,247 with 25x leverage.
- Ethereum is trading at $2,255.15, down 13.87% in the past week, despite the whales' activity.
- A different whale withdrew $40 million worth of ETH from Binance but still holds 112 million ethers.
- US airstrikes on Iranian nuclear facilities led to market turmoil and over $1.79 billion in crypto liquidations, including $282 million in Ether positions.
- Bitcoin dropped below $100,000, while altcoins like Solana and XRP also experienced significant losses amidst weekend market liquidations.
- Ether's price volatility reflects heightened geopolitical risks, with institutional demand remaining strong despite market uncertainties.
- Whales' leveraged bets on Hyperliquid have already gained $800,000 in potential profit but carry high risk in the current turbulent environment.
- The market's reaction to the post-airstrikes event shows crypto's vulnerability to international events, despite Bitcoin's promotion as a safe-haven asset.
- Ethereum's staking milestone with over 35 million ETH staked and whale accumulation of 871,000 ETH strengthens long-term bullish sentiment.
- Market uncertainty persists due to the Middle East conflict, pending Iranian retaliation, and potential diplomatic talks.
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