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Ethereum Price Surges as Hyperliquid Whale Adds $15.61K Long to $1.38M Position

Ethereum Price Surges as Hyperliquid Whale Adds $15.61K Long to $1.38M Position

coinfomaniacoinfomania2025/09/29 17:48
By:coinfomania

Quick Take Summary is AI generated, newsroom reviewed. Ethereum price is holding strong above $4,100, with whales signaling further upside potential. Ethereum today shows bullish momentum supported by exchange outflows and whale accumulation. Ethereum analysis points to resistance at $4,300–$4,500, with leveraged risks below $4,000.References X Post Reference

The best trader, based on Profit and Loss (PnL) on Hyperliquid, the decentralized perpetual futures exchange, has just increased a bullish position on Ethereum. The trader has a new long of $15.61K at 4,129.60, which is being added to his or her humongous 1.38 million long position at an average price of 4,131.72, according to Whale Watch Perps (@whalewatchperps) on X. This trading emphasizes increasing belief in the Ethereum price that has been testing major support in the range of 4,170.

Market Indicators and Whale Trust.

The Layer-1 blockchain, which drives this trade, Hyperliquid, is becoming an increasingly popular whale market because it provides low latency and transparency. The high-PnL traders who made seven figure positions are a good indication that Ethereum has a bright future and also Hyperliquid has the infrastructure to compete with centralized exchanges. Such large-scale whale trading often attracts attention, and it is able to affect liquidity, sentiment, and short-term volatility. That addition suggests a high level of bullish movement, and traders are looking at possible areas of resistance in the range of 4,300-4,500.

Ether Analysis Strategy

The approach of this whale implies a scaling strategy, i.e. exposing more gradually with a balanced average entry point. The belief in this trade is in line with such bullish signals as ETH moving out of exchanges and stable support. However, risks remain. Both profits and losses can be magnified on leveraged perpetual futures contracts on Hyperliquid. The collapse of the psychological $4,000 level would precipitate liquidations, although the support level is very high. This new $15.61K addition would further add to the bullish Ethereum argument moving on to October 2025 in case of similar tendencies.

The growth of a top trader in Hyperliquid with a $1.38M ETH long position denotes a strong belief in the strength of Ethereum in the near future. Although leveraged trading still carries the risk, the evidence points to an upward trend in the weeks to come.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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