On June 23, 2025, Ethereum (ETH) whales are making significant investments despite escalating geopolitical tensions in the Middle East. A prominent investor opened a long position exceeding $101 million in ETH, leveraging 25x at an entry price of $2,247. (Source: Internal)
This position has generated over $900,000 in unrealized profit but incurred more than $2.5 million in funding fees. The position faces liquidation if ETH falls below $2,196. (Source: Internal)
Since the beginning of 2025, on-chain data shows institutions and sovereign wealth funds have been aggressively accumulating ETH, while entities holding between 10,000 and 100,000 BTC have been offloading legacy positions. As of June 23, 2025, ETH is trading at $2,247.61. (Source: Internal)