Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ether Whales Bet Big on Price Rebound Despite Middle East Conflict and Market Uncertainty

Ether Whales Bet Big on Price Rebound Despite Middle East Conflict and Market Uncertainty

DeFi PlanetDeFi Planet2025/06/24 00:00
By:DeFi Planet

In a bold show of confidence amid global turmoil, major crypto investors are placing high-stakes bets on the recovery of Ether (ETH), even as escalating geopolitical tensions rattle markets and dampen investor risk appetite.

In a bold show of confidence amid global turmoil, major crypto investors are placing high-stakes bets on the recovery of Ether (ETH), even as escalating geopolitical tensions rattle markets and dampen investor risk appetite.

According to blockchain data from Hypurrscan, one prominent whale has opened a massive $101 million long position on ETH, using 25x leverage at an entry price of $2,247. While the position has so far generated nearly $900,000 in unrealized profits, the investor has already paid over $2.5 million in funding fees. The trade risks liquidation if Ether dips below $2,196.

Ether Whales Bet Big on Price Rebound Despite Middle East Conflict and Market Uncertainty image 0 Source: Hypu rrscan

Hours later, a second large-scale investor made waves by withdrawing over $40 million worth of ETH from Binance, pushing their total holdings to $112 million, according to data from Onchain Lens. These moves come in stark contrast to market sentiment, which has been weighed down by ongoing conflict in the Middle East.

Ether recently plunged to a one-month low of $2,113 following U.S. airstrikes on Iranian nuclear sites, a military action President Donald Trump hailed as a “spectacular success.” Tensions have intensified since Israel launched major strikes against Iran on June 13 — its most aggressive military engagement with the country since the 1980s Iran-Iraq War. The mounting conflict has triggered broader market fears of sustained volatility, Reuters reported .

In the wake of these developments, the majority of top-performing cryptocurrency traders appear to be taking a bearish stance. Data from HyperDash indicates that 64% of elite traders on the Hyperliquid platform are currently shorting Bitcoin (BTC) and Ether, while 36% maintain long positions.

Binance Research echoed this sentiment, pointing to geopolitical risks as the key driver of recent price declines. “A broader correction may still unfold,” the team noted but added that macro-driven selloffs are still largely being seen as buying opportunities rather than indicators of a long-term trend reversal, a report released Friday stated.

Additionally, investor sentiment in the crypto market is beginning to shift from Bitcoin (BTC) to Ethereum (ETH), according to top analysts, despite lingering caution fueled by past market downturns.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ESUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/16 11:12

New spot margin trading pair — CROSS/USDT, TAC/USDT!

Bitget Announcement2025/07/16 08:07

Subscribe to TANSSI Savings and enjoy up to 15% APR

Bitget Announcement2025/07/15 11:00

TACUSDT now launched for futures trading and trading bots

Bitget Announcement2025/07/15 10:40