ETH USD Price Prediction: Whale Bets $11M on 30% Ethereum Rebound Below $2,500
2025-06-13 08:18:25Ethereum in Turmoil: Whale Bets $11M on ETH Rebound Amid Market Correction
Ethereum (ETH) is facing a critical test as its price struggles below $2,500, down nearly 15% from its recent peak of $2,880. Yet, amid the sell-off, a mysterious whale has placed an $11 million leveraged long bet, signaling conviction in a potential rebound. Will Ethereum reclaim its bullish momentum, or is a deeper correction ahead?
Ethereum’s Rollercoaster Week: From Record Highs to Sharp Decline
Just days ago, Ethereum was riding high, with futures open interest hitting a record $20 billion, fueling speculation of a rally toward $4,000. However, the momentum reversed abruptly as geopolitical tensions and macroeconomic uncertainty triggered a broad crypto sell-off. ETH plunged below $2,500, wiping out gains from its recent surge.
The downturn coincided with a spike in liquidations, with over $259 million in ETH futures positions forcibly closed in a single day—the largest short squeeze of 2025. Despite the volatility, Ethereum’s derivatives market remains highly active, with open interest still near all-time highs, suggesting traders are positioning for another major move.
Whale Bets Big: $11M Long Positions Signal Bullish Confidence
Amid the market turbulence, an unidentified investor deposited $11 million into a leveraged ETH perpetual contract, betting on a 30% rebound. The whale’s position, opened at around $2,450, targets a surge back to $3,200, according to on-chain data from Cointelegraph.
“Large leveraged positions like this often act as a contrarian indicator,” said Alex Svanevik, CEO of Nansen. “If ETH reclaims $2,600, we could see a short squeeze accelerating the recovery.”
The whale’s move aligns with a broader trend of institutional interest in Ethereum. Spot ETH ETFs, though experiencing minor outflows recently, still hold over $33 billion in assets under management, reinforcing ETH’s status as a core crypto asset.
Why Ethereum’s Fundamentals Remain Strong
Despite the price drop, analysts highlight several bullish factors:
1. Futures Market Still Hot
Ethereum’s derivatives activity remains elevated, with open interest surpassing Bitcoin’s at $40 billion—a sign of growing institutional engagement.
2. Technical Pattern Suggests Upside
ETH’s price action has formed a bullish "cup-and-handle" pattern, with a breakout target near $4,200 if it reclaims $2,800 decisively.
3. Institutional Valuation Models Support Higher Prices
A new framework by FXStreet analysts compares Ethereum to “digital oil,” projecting an $8,000 bull case based on network utility and adoption trends.
Market Outlook: Will ETH Recover or Face Further Downside?
Traders are closely watching key levels:
$2,500 Support – A sustained break below could trigger another leg down toward $2,300.
$2,800 Resistance – A reclaim of this level may confirm the bullish continuation pattern.
Macro Factors – Upcoming U.S. inflation data and Fed policy signals will heavily influence crypto markets.
“Ethereum’s pullback is healthy after such a strong rally,” said Michaël van de Poppe, founder of MN Trading. “If Bitcoin stabilizes, ETH could quickly rebound, especially with futures positioning still heavily skewed bullish.”
Share Your Thoughts
Is Ethereum’s dip a buying opportunity, or will the correction deepen? Share your views on our X.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.
Sources:
Cointelegraph: "Ethereum Whale Opens $11M Leveraged Bet, ETH Price Has 30% Rise Potential"
FXLeaders: "ETH (Ethereum) Drowns Below $2,500 Mark"
FXStreet: "Ethereum Price Forecast: ETH’s New Valuation Framework Tags It ‘Digital Oil,’ Highlights an $8,000 Bull Case"
Cointelegraph: "Ethereum Futures Open Interest Hits $20B All-Time High: Will ETH Price Follow?"