ETH Surges Back to $3,500: "1011 Insider Whale" Recovers All Losses with $3.3M Unrealized Profit

2025-11-10 10:56:22

ETH price has reclaimed $3,500 on November 10, 2025, powering the notorious “1011 Insider Whale” to erase a $1.3 million Bitcoin long liquidation loss and flip into $3.316 million unrealized gains on Ethereum positions. The whale’s net profit now stands at $1.774 million over the past week, showcasing a dramatic turnaround in one of crypto’s most watched accounts.

The Whale’s Rollercoaster: From $1.3M BTC Loss to ETH Rebound

The “1011 Insider Whale,” known for high-leverage perpetual trades on Hyperliquid, faced a brutal $1.3 million liquidation on October 31 after closing a BTC long at the market bottom. The position, opened at $112,000 average, was wiped out during a 5% flash crash, leaving the account down 40% YTD. However, ETH’s 15% rally from $2,900 to $3,500 in the past 7 days flipped the script. The whale’s ETH long, sized at 1,000 contracts with 20x leverage, now shows $3.316 million P&L, with entry around $3,200.

BTC Loss: $1.3M liquidated October 31.
ETH Gain: +$3.316M unrealized; entry ~$3,200.
Net Weekly: +$1.774M; account back to $5.2M.

On-Chain Confirmation: Whale’s ETH Position and Leverage

Lookonchain data verifies the whale’s 1,000 ETH perpetual longs on Hyperliquid, with $3.316 million unrealized profit at $3,500 spot. The position, opened November 3-4, uses 20x leverage and $165,000 margin, risking liquidation below $3,035. The whale’s history—$42 million peak in 2024—shows pattern: aggressive longs during dips, with 70% win rate on 50x+ trades. This ETH bet, amid 91% bullish sentiment and $2.16 billion volume, aligns with ETF inflows and RWA momentum.

Why ETH $3,500? ETF Hype and Macro Tailwinds

ETH’s rebound coincides with:

Spot ETF Inflows: $336 million since November 5; staking proposals.
RWA Narrative: BlackRock’s tokenized funds on Ethereum.
Macro: 65% Fed cut odds; TGA drain injecting $150B liquidity.

RSI at 65 and MACD crossover signal continuation, with $3,600 as next target if $3,400 support holds.

2025 ETH Price Prediction: $5,000-$7,000 Consensus

Ethereum price prediction for 2025 targets $5,000-$7,000. Changelly $4,297; CoinDCX $4,650. Finder $6,100; InvestingHaven $5,515. Bull catalysts: ETF staking; bear risks: Volatility testing $3,000.

For investors, how to buy Ethereum via compliant platforms ensures entry. How to sell Ethereum and how to cash out Ethereum offer liquidity. Sell Ethereum for cash and convert Ethereum to cash enable fiat conversions.

Trading Strategy: Whale-Following Longs

Short-term: Long above $3,500 targeting $3,600, stop $3,400 (3% risk). Swing: Accumulate dips, staking for 5% APY. Watch $3,550 breakout; below $3,400, exit.

In summary, the “1011 Insider Whale” flips $1.3M BTC loss to $3.3M ETH gains at $3,500, signaling $5,000-$7,000 2025 rally in DeFi’s surge.

ETH-4,01%

BTC-2,39%

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