Nov 11, 2025
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Anti-CZ Whale Takes $119.6M Ethereum Long Position, Gains $15M So Far
Ethereum is showing signs of recovery after a decline, with bulls aiming to reclaim $3,600 and possibly reach $4,000. This could indicate a shift in market momentum.
- The "Anti-CZ Whale," known for contrarian trades, has reversed their stance on Ethereum, opening a significant long position after previously shorting it. The whale currently holds 32,802 ETH, valued at approximately $119.6 million, with $15 million in unrealized profit.
- This move suggests growing confidence in Ethereum's potential recovery and indicates a tactical approach rather than a broad market shift.
ETH Price Analysis — Short-Term Recovery Signs
- On the 4-hour chart, Ethereum shows a rebound from below $3,300 to around $3,600, with increased trading volume indicating renewed buyer confidence.
- A higher low pattern suggests a possible trend reversal, with the next target near $3,800. A break above this could lead to a bullish continuation towards $4,000.
- Challenges remain as Ethereum must overcome its 200-period moving average, which acts as resistance. Failing to maintain momentum above $3,600 might lead to retesting support near $3,250.
