Crypto Whales Shift Ethereum Long Positions Amid Market Fluctuations

Goldman Sachs, on November 9th, attributed the recent 5% US stock pullback to typical year-end AI cycle flakes, suggesting continued potential growth influenced by seasonal factors.

Despite the market dip, Goldman Sachs traders foresee further upside given early AI investment stages and light institutional positions.

Whale Leverage Positions Hit $20 Million in Ethereum

High-profile Ethereum traders, such as Huang Licheng, have significantly increased their long positions amid market fluctuations. Huang’s ETH long position, leveraged at 25x, has grown to $13.2 million, while another unnamed whale has taken a $6.8 million leveraged position.

Capriole’s market analysis and commentary highlights market participants’ concerns over potential volatility from these moves, especially with the leverage involved. Such strategic shifts could lead to price destabilization if positions approach their critical liquidation points, prompting a cautious stance from institutional investors.

Critics highlight the implications of these leveraged positions, emphasizing the need for close monitoring of potential liquidations. Analysts note that major whale maneuverings can precede market swings, inviting intensified scrutiny from both traders and regulators alike.

Charles Edwards, Founder, Capriole Investments, said, “OG Bitcoin Whales Are Selling Off: The attached image intuitively shows how many super whales are cashing out Bitcoin…” and described $100 million – $500 million sell-offs among long-term holders.

Ethereum’s Resilience and Future Predictions

Did you know? In past bull cycles, significant whale movements often preceded Ethereum’s price spikes by weeks. Such patterns highlight the impact of strategic large-scale trading on market dynamics.

Ethereum, valued at $3,568.77 and showing a 5.48% 24-hour gain, maintains a market cap of around $430.74 billion, according to CoinMarketCap. Despite a recent downturn over the past 30 days, ETH exhibits resilience, with changes driven by strategic whale activities and broader market sentiments.

Coincu research suggests that ongoing whale maneuvers indicate possible market redistribution or preparatory stages for a new bullish cycle in 2026. Stakeholders should observe regulatory responses and long-term impacts on market stability closely as these trends evolve.