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BTCC / BTCC Square / CoindeskEN /
Crypto Whale Drops Millions Betting ETH Will Shatter $3.4K Before July

Crypto Whale Drops Millions Betting ETH Will Shatter $3.4K Before July

Author:
CoindeskEN
Published:
2025-06-06 05:41:27
16
3

Ether Trader Bets Millions on ETH Blasting Above $3.4K by June-End

One trader just went all-in on Ethereum—staking a fortune that ETH will surge past $3,400 by month’s end. High-risk? Absolutely. But when has that ever stopped crypto gamblers?

Wall Street’s sweating over inflation data? Not here. In crypto-land, we measure risk in 'yolo' percentages and leverage ratios that’d give a hedge fund manager heartburn. The play? Pure momentum—because fundamentals are so 2021.

Will it pay off? Check the charts in three weeks. Either way, some VC will probably spin the outcome as 'bullish for web3.'

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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