Ethereum Whale’s $12.6 Million Long Bet: Bullish Signal Amidst Market Uncertainty

A significant bullish signal for Ethereum has emerged, as a substantial leveraged bet worth $12.6 million was placed on the cryptocurrency by an experienced investor. This move comes at a time of technical weakness and regulatory uncertainty following a recent dip below $1,800. While short-term volatility remains high, signs of institutional confidence and potential ETF approval are emerging as catalysts for renewed bullish sentiment.