Ethereum Whales Bet Big: $100M Leveraged Play as US-Iran Tensions Escalate

Market giants just placed a nine-figure gamble on ETH—timed with geopolitical fireworks.

When whales move, markets ripple. This time, they're swimming in leveraged waters as global tensions spike.

The play? A cool $100 million long position on Ethereum, deployed like a hedge fund's chess move during the US-Iran standoff. Because nothing says 'safe haven' like crypto derivatives during a potential conflict—except maybe gold, but that's for boomers.

Why now? Either these players know something we don't, or they're addicted to the adrenaline of 100x leverage. (Spoiler: Wall Street interns make tamer bets with their lunch money.)

One thing's certain: When crypto's big fish place bets this size, retail traders get to play the role of either accomplice or collateral damage.

• Two major whales opened large leveraged positions during heightened geopolitical tensions, showing their strong confidence in Ethereum’s recovery despite a sharp price drop. 
• One Ethereum whale opened a $101 million long position with 25x leverage at $2,247, earning nearly $950,000 in profit but spending $2.5 million on fees. 

Ethereum whales have placed millions into ETH price recovery. Despite the fact that many traders have taken short positions, whales have stood on the other side of the pendulum, betting huge amounts on the rise of the asset. 

This bold move comes amid the rising tensions in the Middle East due to the recent U.S. military strike on Iran that fueled uncertainty across global financial markets. This move has also caused many to wonder what these whales know that everyday retail traders don’t. 

While seasoned traders anticipate further downside, these whale positions show the growing confidence investors have in Ethereum’s long-term growth and potential rebound even in the face of an escalating geopolitical crisis.

Ethereum Whale Bold Move Amid Market Uncertainty 

Earlier in the day, Hypurrscan, an on-chain analysis platform, recorded the ‘long’ position of a whale who invested $101 million with 25x leverage at an entry price of $2,247. Within the period in which the trade was open, the whale made almost $950,000 in profit but also had to spend $2.5 million on fees. 

Also Read: ethereum Whale Buys $39M in ETH Despite Significant Price Drop

Hours before Hypurrscan recorded that move, another blockchain data provider, On-Chain Lens, recorded that a whale moved over $40 million worth of Ether from Binance and opened a Leveraged position, bringing the total Ethereum holdings between the two whales to around $112 million.

This increased activity took place while Ethereum’s price dropped to about $2,113 on Sunday, its lowest price within the last 30 days. The decline in the price came after the U.S. airstrikes on nuclear sites in Iran. The United States, under the administration of Donald Trump, attacked certain locations in Iran. This event added more tension to the already bloody global markets. U.S. President TRUMP described the military operation as a “spectacular success” and warned that more strikes could happen if Iran refuses to agree to peaceful terms.

Also Read: Next crypto Under $1 Set to Explode: Top 3 Penny Coins Primed for Monster Gains in Q3 & Q4