Mysterious Whale Amplifies Leveraged ETH Position

A mysterious whale has increased its leveraged ETH long position by 5 times, totaling 23,263.23 ETH, with an opening price of $3,869.99, as reported by ChainCatcher.

This move highlights significant market influence, with reported unrealized profits of $646,000, reflecting potential shifts in Ethereum trading patterns and increased market interest.

Whale’s Aggressive ETH Expansion Raises Concerns

The increase in the leveraged ETH long position by the “mysterious whale” raises eyebrows due to its substantial size and past wins. With a holding of 23,263.23 ETH, valued at $90.67 million, this marks a significant market engagement.

Analyst Ai Yi shared insights on this strategic move, noting the average entry price for this position was $3,869.99. The trade has already resulted in an unrealized profit of $646,000. Ai Yi commented, “As of October 24, 2025, the mysterious whale increased its leveraged long position to 23,263.23 ETH, which is approximately $90.67M at an entry price of $3,869.99.”

The broader implications include intensified market interest in ETH trading patterns. This whale move contributes to ETH’s trading momentum, possibly sparking changes in trading volumes and open interest rates across exchanges. Ethereum’s liquidity dynamics could be affected as traders reassess their strategies.

Market responses include a continued focus on whale activities by analysts and traders on platforms like [Chinese crypto Twitter](https://twitter.com/*/status/*) and Weibo. Despite no official insights from prominent figures, like Vitalik Buterin, the mystery around this whale prompts ongoing speculation and analysis within the community. Analyst insights maintain that whale-driven moves often signal broader market shifts.

ETH Volatility and Regulatory Scrutiny Intensify

Did you know? In Q3 2025, Ethereum spot ETF inflows surpassed Bitcoin for the first time, highlighting a significant shift in investor sentiment and market focus.

CoinMarketCap reports that Ethereum (ETH) currently trades at $3,922.55, with a market cap of $473.44 billion. Ethereum’s recent 24-hour trading volume totals $35.26 billion, despite an 18.12% decline. Over the past 60 days, Ethereum prices dropped by 16.77%, highlighting recent volatility.

The Coincu research team suggests that such substantial ETH leverage activities can create knock-on effects in both financial markets and regulatory discourse. Their analysis reflects past trends, where whale moves have not only influenced Ethereum’s price but also dictated market liquidity conditions, prompting increased scrutiny from regulatory bodies.