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Ethereum Whales Hold $359M Longs as ETH Targets $3,000 Breakout

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The Story

News Summary

  • Ethereum whales maintain strong bullish conviction, holding $359 million in long positions across top on-chain addresses.
  • With open interest rebounding above $2 billion and key large holders retaining massive unrealized gains, sentiment remains skewed toward further upside volatility despite balanced short-term liquidation risks.
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ETHUSD price history

2507.36 +23.71% over the displayed period

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