According to Bobby Ong, traders bullish on ETH are weighing which instrument delivers the best leveraged exposure, making it essential to compare liquidity, costs, and risk across venues (source: Bobby Ong on X). Regulated futures: CME lists Ether futures and options that are cash-settled and funding-free but introduce a term-structure basis that can be earned or paid depending on curve shape (source: CME Group). Centralized exchange perpetual swaps offer deep liquidity and flexible leverage but charge funding that fluctuates with sentiment and add exchange counterparty risk (source: Binance Futures). ETH options provide convex upside with defined risk via calls or call spreads, shifting the focus to implied volatility and skew rather than funding rates (source: Deribit). On-chain leverage via stETH or wstETH loops on Aave amplifies exposure and yield but adds liquidation, LST depeg, and variable borrow APR risks (source: Aave; source: Lido). Decentralized perps enable self-custody leverage with on-chain settlement but have funding and liquidity/oracle risk trade-offs versus CEX perps (source: dYdX). Leveraged tokens offer auto-rebalanced exposure without margin management but suffer rebalancing decay, suiting short-term momentum rather than long-term holds (source: Binance Leveraged Tokens). In practice, regulated and funding-free leverage is often achieved with dated CME futures, while short-term momentum traders may favor liquid perps, and vol-focused traders can use long-dated calls or call spreads to cap downside (sources: CME Group; Binance Futures; Deribit).

According to @EmberCN, a whale trader with a 75% win rate recently increased their short position on ETH by adding another 20,000 ETH at a price of $3,535 just hours ago. This follows their previous short of 20,000 ETH at $3,843 on July 28. The whale has now accumulated a 15x leveraged short position of 40,000 ETH, with an unrealized profit of $7.5 million as ETH price continues to decline. This aggressive shorting activity and large open interest could drive further volatility in the ETH market, making it a crucial watch for traders seeking to capitalize on momentum and potential liquidations. Source: @EmberCN

According to Lookonchain, trader 0xcB92 has achieved over $3 million in unrealized profit by taking a 25x leveraged long position on Ethereum (ETH) just two days ago. This high-risk, high-reward trade highlights renewed bullish sentiment and increased leverage activity in the ETH derivatives market. Such moves often signal rising volatility and can attract copy-trading interest, potentially amplifying price swings for ETH and related altcoins. Traders should monitor liquidation levels and funding rates closely as leveraged positions may impact short-term ETH price action. (Source: Lookonchain, May 29, 2025)

According to Ai 姨 (@ai_9684xtpa), well-known trader James Wynn opened a 25x leveraged long position on Ethereum, holding 22,548.1 ETH (approximately $60.32 million) at an entry price of $2,671.5. This is the first time James' address has used ETH leverage, and the move caused ETH prices to briefly spike to $2,679 before retracing. The significant size and leverage of this position signal increased bullish sentiment and could lead to higher volatility for ETH trading in the short term. Traders should monitor liquidity and potential liquidation risks as large positions like this can trigger rapid price movements. Source: @ai_9684xtpa via Gateio.

According to Ai 姨 (@ai_9684xtpa), an Ethereum whale who previously leveraged 8,613 ETH has added another 1,930 ETH by borrowing 5 million USDT during the recent market downturn. The whale now has a total collateral of 10,543 ETH and a total borrowed amount of 15 million USDT, with an average long entry price of $2,608.36. Despite a current unrealized loss of $1.383 million, the whale continues to maintain a high-conviction long position. This aggressive accumulation signals potential future volatility in ETH prices and reflects increased leveraged activity that may impact overall crypto market sentiment (Source: Ai 姨 on Twitter, May 17, 2025).

According to Lookonchain, Bitcoin has reclaimed the $98,000 level, with a notable whale currently holding a 40x leveraged long position on BTC and a 25x long on ETH, resulting in an unrealized profit exceeding $970,000 (source: Lookonchain via hypurrscan.io). This aggressive leveraged trading reflects heightened market confidence and may indicate further bullish sentiment among large investors. Traders are closely monitoring these high-leverage positions as they could amplify both upward momentum and potential volatility in the crypto market.

According to Ai 姨 (@ai_9684xtpa), a major trader increased their Ethereum position by buying 3,974 ETH at an average price of $1,759.25 after the price dropped. Over the past 10 minutes, the trader borrowed 7 million USDC to execute this purchase. Currently, the trader has collateralized a total of 14,020 ETH and borrowed 12 million USDC, with an average entry price of $1,805. Notably, 6,736 ETH were acquired using borrowed funds, and the current health ratio of the position stands at 1.71. This aggressive accumulation and use of leverage signal confidence but also introduce significant liquidation risk if ETH price falls sharply (source: @ai_9684xtpa on Twitter, April 28, 2025).