Whale Opens $60M ETH Long, $14M in Profits, $1.2K Liquidation

3 mins mins

Key Insights:

Whale opens $60.6M ETH long at 2x leverage with liquidation set near $1,190 level.
Total profit hits $14.38M as ETH holds $3K zone; whale remains fully long on position.
Long-term chart shows $1,800 bounce with projections suggesting possible move toward $10,000.

*Whale Opens $60M ETH Long, $14M in Profits, $1.2K Liquidation*

A large Ethereum long position worth $60.63 million has been opened using 2x leverage, according to trading data posted by Ted. The position consists of 20,000 ETH, with an entry price of $3,040.92. At the time of the snapshot, Ethereum was trading near $3,030.90, showing a small unrealized loss of $188,456.17.

A whale has opened a $60,630,000 $ETH long position with 2x leverage.

His liquidation price is at $1,190 and he has made $14,386,926 in overall profits. pic.twitter.com/HQvBwIKXZ7
— Ted (@TedPillows) December 7, 2025

The trader has committed $30.31 million in margin to back the position. The liquidation level is set at $1,190.78, far below current market levels. This suggests the trader has strong capital behind the trade and is prepared to hold through price swings. Despite the short-term loss, the account shows $14.38 million in total profits, based on the equity chart covering the last several months.

Position Fully Allocated to ETH

The account is 100% long on Ethereum. No short positions are active. Margin usage is listed at 81.3%, meaning most of the capital is in play but not maxed out. The trade structure shows high exposure to ETH but with some buffers available.

The profit curve shows a steady rise since mid-November. The current drawdown is minor in relation to the total account gain. This may point to well-timed entries earlier in the quarter. The position remains open and is near breakeven.

Long-Term Chart Shows $1,800 Support Zone

A separate chart shared by Ali shows Ethereum holding above a trendline that has been active since 2022. The price touched this support area near $1,800 earlier this year before recovering.

Ali commented,

“Ethereum $ETH at $1,800 looks like one of the best accumulation zones before a bull rally toward $10,000.”

Price was over $3,000, suggesting a bounce off that zone is holding. The chart outlines a potential move toward $4,600 and higher if price breaks through past resistance.

ETH Tracks IWM Through 2025

CryptoRover posted a chart comparing ETH with the Russell 2000 ETF ($IWM). Throughout 2025, both assets have moved closely together. However, $IWM was rising toward all-time highs, while ETH remained in a sideways range.

Rover wrote,

“$IWM is pushing toward new ATHs. $ETH has tracked IWM closely throughout 2025.”

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