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Ethereum ‘smart’ whales open $426M long bets as ETH price chart eyes $4K

cryptocurrency December 8, 2025
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ETH price rising to $3,000 drove whales to open 136,433 ETH long bets, as technical indicators suggest a short-term ETH price rally toward $4,000.

Ethereum whales have opened massive long positions on Ether (ETH), totalling $425.98 million, in what looks like a bold bet that the downside is over.

Key takeaways:

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Ethereum whales opened leveraged long positions totaling $426 million.

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