$ETH Whale Drops $11M on #Bull Flag as 30% Rally Targets $3,670


A massive $ETH whale dropped $11.15 million on a 25x leveraged long position, betting on explosive breakout continuation.


The 4,000 $ETH position entered at $2,758.35 already shows $366,600 in unrealized profits as prices rocketed to $2,850.


$ETH reclaimed a $345 billion #marketcap while smashing through bull flag resistance on June 9.


Technical targets now point to $3,670, representing 30% upside potential as #bullish momentum accelerates ahead.


#Ethereum options skew crashed from -2.4% to -7.0% in 48 hours as traders loaded up on short-term call options.


The whale's #liquidation price sits at $2,466, indicating extreme conviction despite tight risk management parameters.


Standard Chartered analysts target $4,000 while fractal analysis suggests a potential moonshot to $5,000-6,000 levels ahead.

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June 11, 2025 at 7:35 PM
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