Ethereum Long Position with High Leverage Soars on $38.5 Million Investment

A notable Ethereum investor has recently boosted their long position in the cryptocurrency by opening a significant 15,000 ETH, valued at $38.57 million, leveraging a substantial 25x margin. This action is backed by a pre-set liquidation price of $2,441.90 which underscores the investor’s confidence and risk appetite. This move appears to be part of broader positive sentiment towards Ethereum.