Ethereum Whales Bet Big on ETH: $426 Million in Long Positions Signal Bullish Outlook

Large holders of Ethereum, often referred to as "whales," have recently opened significant long positions, collectively valued at approximately $426 million. This substantial investment suggests a strong belief among these major players that the recent downturn in Ether's price may be over, with many eyeing a potential surge towards the $4,000 mark.