Whale’s $195M Ethereum Bet Signals Bullish Momentum Amid Macro Catalysts
A prominent trader, known for accurately predicting Ethereum's decline in October following Trump's tariff announcement, has now placed a massive $195.7 million long position on ETH. The whale acquired ethereum perpetual futures at $3,467, indicating strong institutional confidence in a potential price surge. This strategic move aligns with upcoming macroeconomic catalysts, suggesting a possible market shift. As of November 2025, this development highlights growing bullish sentiment around Ethereum, with traders anticipating a significant upward trajectory. The whale's track record and substantial investment underscore the potential for ETH to break key resistance levels in the near term.
Whale's $195M Ethereum Long Position Signals Potential Market Shift
A previously successful short trader has now opened a $195.7 million long position on Ethereum, signaling potential bullish momentum. The same whale accurately predicted ETH's decline following Trump's tariff announcement in October.
Ethereum perpetual futures were acquired at $3,467, suggesting institutional confidence in an upcoming price climb. This MOVE coincides with potential macroeconomic catalysts, including the Senate's passage of a bill to end the government shutdown and impending November inflation data.
Market analysts suggest a slower-than-expected inflation reading could further fuel crypto's next upward move. The whale's substantial position serves as a notable market indicator, with ETH currently trading at $3,467 after recent volatility.
Ethereum Price Prediction: ETH Defends Key Support, Eyes $4,300 Target
Ethereum consolidates NEAR $3,500 as institutional accumulation and ETF inflows signal growing confidence. Analysts emphasize the $3,000 support level as a critical threshold for sustaining bullish momentum.
Whale activity and technical patterns suggest a potential rebound toward $4,300 if current levels hold. Trading volume remains elevated despite minor daily losses, reflecting cautious Optimism among market participants.
DeFi Platform Lighter Raises $68M at $1.5B Valuation to Expand Crypto Trading Infrastructure
Lighter, an Ethereum-based LAYER 2 decentralized exchange, secured $68 million in a funding round led by Founders Fund and Ribbit Capital, propelling its valuation to $1.5 billion. The platform, which specializes in perpetual contracts trading, plans to launch spot trading soon—a move expected to attract broader market participation.
The investment will fuel infrastructure upgrades and expansion of Lighter's transparent on-chain verification system. This positions the platform as a key player in enhancing trust within decentralized markets, particularly as institutional interest in crypto derivatives grows.
Notable participants in the round included Haun Ventures and Robinhood, signaling strong confidence in Lighter's hybrid model combining DEX functionality with blockchain transparency. Founder Vladimir Novakovski's background—including graduating Harvard at 18—adds to the project's credibility amid fierce competition in the Layer 2 sector.
Final Countdown: SpacePay's $SPY Token Presale Nears Conclusion with $1.4M Raised
SpacePay's $SPY token presale enters its final phase, having secured over $1.4 million from investors attracted to its merchant-friendly crypto payment solution. The project distinguishes itself by enabling cryptocurrency transactions through existing Android payment terminals, eliminating the need for expensive hardware upgrades or staff retraining.
Unlike conventional crypto payment systems that expose merchants to volatility, SpacePay instantly converts digital currency payments to local fiat. This approach addresses a critical pain point for businesses seeking to adopt crypto without disrupting established operations or assuming currency risk.
The presale offers tokens at $0.004210 until November's end, after which the public sale begins. The project's practical integration method has resonated with investors tired of payment tokens requiring complete merchant system overhauls.
BitMine's $400M Ethereum Accumulation Fuels Bullish $4K Price Target
Ethereum's market trajectory is drawing renewed attention as BitMine Immersion Technologies aggressively expands its ETH holdings. The institutional player has acquired nearly $400 million worth of Ethereum in recent days, bringing its total stake to 3.5 million ETH - representing 2.9% of the circulating supply. This positions BitMine as the largest single ETH treasury holder globally.
Technical indicators suggest growing bullish momentum, with ETH reclaiming the $3,500 support level. Analysts note the potential for a December rally if macroeconomic conditions stabilize. Meanwhile, the meme coin sector shows disproportionate strength, with the category's market cap climbing 6% to $50 billion despite broader market weakness.
BitMine Chairman Thomas Lee confirmed the firm's continued accumulation strategy during the market dip, advancing toward its publicly stated 'Alchemy of 5%' treasury target. The institutional demand contrasts with retail investors' growing interest in presale meme coins like Maxi Doge, highlighting the market's bifurcated momentum.
Ethereum Price Tests Key Support Ahead of Fusaka Upgrade
Ethereum faces renewed volatility as its price retests the $3,450 support level, a critical threshold that could determine its short-term trajectory. Market participants remain divided—some view this consolidation as a foundation for the next rally, while others caution that a breakdown could trigger deeper corrections.
The $3,450 level has emerged as a make-or-break zone. Holding above it may pave the way for a rebound toward $3,715 resistance, while failure could expose ETH to further downside. Traders await clarity from the December 3 Fusaka upgrade, which could set the tone for Ethereum's 2025 outlook.
Sideways action between $3,450 and $3,715 reflects market indecision. The coming weeks will reveal whether buyers can defend this support or if bears gain control. All eyes remain on Ethereum's ability to maintain this crucial technical level amid evolving market dynamics.
