Whale aggressively bet on ETH during the downturn – 25x leverage, $15 million on the table

During the recent decline in the cryptocurrency market, one whale decided to play boldly. Data from Hyperliquid reveals the opening of a massive long position on Ethereum with extremely high leverage.

## Position Details – Risk vs. Potential

The whale accumulated 5063 ETH, which amounts to a total exposure of about $15 million. What about the risk? The liquidation level is set at $2882.84. This shows that the investor was betting on a quick rebound in ETH’s price rather than further decline.

At the current Ethereum price of $3.12K, this position is in profit territory, though caution is still advised. Any significant downward move could trigger a domino effect.

## What does this tell us?

Such whale movements usually signal two scenarios: either they are betting on a technical rebound, or they believe in breaking the downward trend on ETH. Using 25x leverage means that the risk is proportional to the potential profit – one mistake and the position could collapse.

This kind of whale activity is always worth monitoring, as it may indicate shifts in market sentiment.