Ethereum News: Whale Expands Long Position, $4,500 Price Target Intact?
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In latest Ethereum news, a whale has increased ETH long positions while the price trades near a key resistance area. This activity appears as major companies continue buying Ethereum and banks explore lending supported by crypto. Traders are watching to see if the ETH price can climb toward $4,500 in the coming weeks Ethereum News: Whale Boosts ETH Longs as Price Retests Key Levels Ethereum (ETH) stays in focus after a well-known trader increased his long positions again. On-chain data shows that wallet 0xc2a3 has a perfect trading record. He expanded his long to 33,270 ETH, worth $131.24 million. He also opened a 4x long on 80 Bitcoin, worth $8.9 million. His total profit has exceeded $15.4 million. This move came as the price bounced near $3,800. Ethereum Whale Goes Long | Source: Lookonchain Market watchers say price action could turn if buyers remain active as Ethereum (ETH) price moved back toward the $4,000 to $4,100 area. That zone has slowed gains before, and sell orders remain strong there. Traders want to see a clear push above that line. A break could open the door to a move toward $4,500. If the price fails again, it could drop back to support. In recent Ethereum news, JPMorgan recently announced that it will allow Ethereum to be used as collateral for loans. The service will be for institutional and high-net-worth clients. The bank plans to begin this collateral service before the end of the year. Additionally, the timeline could change if market conditions shift. The move follows growing demand from clients who want BTC and ETH exposure. More so, lending backed by crypto would give institutions another entry point into the market. Traders say this may bring more liquidity. If that happens, larger market players could become more active. Some believe this…
Filed under: News - @ October 24, 2025 3:29 pm