Whale Loads Up on Ethereum Longs: $33 Million at 15x Leverage. Are Big Players Betting on a Rebound?

Yesterday, they were still sitting on the sidelines. Today, someone has gone all in on long positions in Ethereum. A whale has put $33 million into an ETH long with 15x leverage, while also opening an $11 million HYPE long at 10x leverage. With positions like these, one market swing in the right direction could double their money; a small move the other way could trigger liquidation. There’s no middle ground.

I don’t think this is just gambling—it’s big money betting on an Ethereum rebound. Leverage this high shows that the bulls have made up their minds and aren’t planning to wait for a pullback. The money isn’t focused on just one coin: WIF is currently at 0.17, AVAX at 8.54. Funds are shifting, and sectors are taking turns leading the market.

Old Ma has always been a fan of Dogecoin-related coins. Behind these highly leveraged longs is confidence in the whole sector. If whales are willing to use leverage this high, it suggests there’s support behind the move—it’s not just empty bullish talk. Old Ma’s little dog may have another chance: when the sector heats up, Dogecoin-related coins are often among the first to benefit.

Tonight, watch to see whether ETH breaks above 2,300. If it does, the outlook could turn even more bullish. But don’t jump to conclusions before it breaks—long holders are already waiting.

🐶 Come check out Old Ma’s little dog ✨🚀