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Institutional Traders Bet Big on Ethereum: $7M Bullish Play Targets $6K by December

Institutional Traders Bet Big on Ethereum: $7M Bullish Play Targets $6K by December

Published:
2025-05-20 22:34:26
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In a bold move signaling strong institutional confidence, traders have placed a $7 million bullish bet on Ethereum (ETH) targeting $6,000 by late December. The strategy, executed via Paradigm’s OTC platform and listed on Deribit, involves a sophisticated options play combining $3,500 calls with $6,000 call shorts expiring December 26. This 30,000-contract bull call spread represents one of the most aggressive bullish positions in crypto derivatives this quarter, reflecting growing institutional conviction in ETH’s upside potential. As of May 2025, this large-scale options activity suggests professional traders are positioning for significant ethereum price appreciation in the latter half of the year.

Institutional Traders Place $7M Bullish Bet on Ether Targeting $6K

Ether options activity signals growing institutional conviction in ETH’s upside potential. Block traders executed a series of 30,000-contract bull call spreads last week, combining $3,500 calls with $6,000 call shorts expiring December 26. The $7 million position, facilitated through Paradigm’s OTC platform and listed on Deribit, represents one of the most aggressive bullish plays in crypto derivatives this quarter.

The strategy reaches maximum profitability if ETH sustains its rally to $6,000 - a 70% gain from current levels. Such structured trades typically originate from sophisticated players hedging spot exposure or positioning for volatility events. The December expiration coincides with potential ETF approvals and protocol upgrades that could catalyze ETH’s next leg upward.

Best Crypto Presale Set To Explode As Ethereum Price Dumps 4.3% in a Day

Ethereum’s price plummeted 4.3% in a single day, yet Nexchain.ai emerges as a standout project amid the turbulence. The platform, which integrates AI tools into a decentralized blockchain system, is rapidly gaining investor traction.

While traditional assets like ETH face short-term volatility, Nexchain’s presale is positioning itself as the most compelling early-stage crypto opportunity of May 2025. The project tackles scalability, intelligent automation, and cross-network communication through AI-driven smart routing and consensus algorithms.

Is Ethereum Preparing for a Breakout After Whale Transfer?

Ethereum’s market dynamics are under scrutiny following a significant whale transaction involving 105,736 ETH moved from Kraken to eight wallets within minutes of a large inbound deposit. The coordinated transfer has ignited speculation about potential price volatility and market timing.

ETH currently holds above $2,400, with technical indicators suggesting bullish momentum. Analysts remain divided—some project a rally toward $3,000 if support levels hold, while others caution about delayed gains amid resistance.

Trading volume shows signs of recovery in May after an April slump, indicating cautious re-entry by market participants. The whale activity underscores Ethereum’s sensitivity to large-scale movements and their psychological impact on trader sentiment.

Ethereum Co-Founder Jeffrey Wilcke Moves $262M ETH to Kraken, Sparking Sell Speculation

Jeffrey Wilcke, Ethereum’s co-founder, transferred 105,736 ETH (worth $262 million) to Kraken on May 19, 2025—marking one of his largest recorded transactions. The MOVE follows a prior deposit in November 2024 when ETH traded at $3,625. Eight new wallets subsequently withdrew near-equivalent amounts from the exchange, per Lookonchain data.

Despite the magnitude, the transaction occurred without immediate price impact. Large transfers often signal impending sales, but Wilcke’s intent remains unconfirmed. Speculation leans toward fund reorganization rather than liquidation, given the lack of market disruption.

Exchanges See $220M of ETH Outflow in 3 Days: Ethereum Season Continues?

Ethereum’s market momentum intensifies as $220 million worth of ETH exits major exchanges within 72 hours. Blockchain data reveals 89,016 ETH flowed out of Kraken, Binance, and Coinbase between May 18-20, signaling strong accumulation trends.

Whale Alert tracked two Kraken withdrawals totaling 78,498 ETH ($195 million) to private wallets. Earlier movements included 25,000 ETH ($61.83 million) from Binance and 30,000 ETH ($74.19 million) from Coinbase. The sustained outflows mirror declining exchange reserves, suggesting institutional players are positioning for Ethereum’s next phase.

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