According to the latest monitoring data, on January 13, a whale address starting with 0x931 made a significant move in the Ethereum market. The address opened a long position of 4,200 ETH at around $3,136.93, with the total value of the position reaching up to $13.17 million. This trade was placed with 25x leverage, reflecting the whale’s strong confidence in Ethereum’s price movement.
From a technical perspective, the liquidation price for this position is approximately $3,025. This means a substantial drop in ETH price would be required to trigger liquidation. The move has sparked widespread discussion about the short-term outlook for Ethereum, with many analysts suggesting that the whale’s entry could signal a gradual recovery in market sentiment.