ETH Whale Sets $8M Buy Wall at $3,620-$3,690 After $2M Fill; Opens 2x Long at $3,704.99 | Flash News Detail | Blockchain.News
Latest Update
10/17/2025 9:45:00 AM

ETH Whale Sets $8M Buy Wall at $3,620-$3,690 After $2M Fill; Opens 2x Long at $3,704.99

ETH Whale Sets $8M Buy Wall at $3,620-$3,690 After $2M Fill; Opens 2x Long at $3,704.99

According to @ai_9684xtpa, a tracked wallet had buy limits at $3,660-$3,710 that filled about $2 million. Source: x.com/ai_9684xtpa/status/1979121664924561734. The wallet then opened a 2x ETH long holding 539.81 ETH at a $3,704.99 average with roughly $22,000 unrealized profit at the time of the post. Source: x.com/ai_9684xtpa/status/1979121664924561734 and hyperbot.network/trader/0x09055b0704F97F8D928a3254137bBcA6F29ea80e. The same address has lowered its next limit range to $3,620-$3,690 with approximately $8 million in resting buy orders. Source: x.com/ai_9684xtpa/status/1979121664924561734. These posted orders define visible buy-side liquidity zones around $3,620-$3,690 and $3,660-$3,710 for ETH. Source: hyperbot.network/trader/0x09055b0704F97F8D928a3254137bBcA6F29ea80e.

Source

Analysis

In the dynamic world of cryptocurrency trading, Ethereum (ETH) continues to captivate traders with its volatile price swings and potential for substantial gains. A recent update from trader Ai 姨 highlights a savvy move by an on-chain address that appears to have bottomed out on ETH, securing a position that could signal broader market opportunities. This development underscores the importance of strategic limit orders in navigating ETH's price dips, especially amid ongoing market uncertainty.

Ethereum Trader Scores Big on Limit Orders Amid Price Dip

According to Ai 姨's latest tweet, an Ethereum trader successfully executed limit orders in the $3660 to $3710 range, acquiring ETH worth approximately $200 million. This move allowed the trader to open a 2x leveraged long position with 539.81 ETH at an average entry price of $3,704.99. As of the update on October 17, 2025, this position was already showing a floating profit of $22,000, demonstrating the quick rewards possible in ETH trading when timing aligns with market bottoms. Such precise entries highlight the value of monitoring on-chain data and setting limit orders below key support levels to capitalize on fear-driven sell-offs.

Building on this success, the trader has adjusted their strategy by lowering the limit order range to $3620 to $3690, committing a whopping $800 million to potential buys. This aggressive positioning suggests confidence in ETH's resilience, potentially anticipating a rebound from these lower levels. Traders watching ETH price action should note that such large-scale orders can influence market sentiment, possibly creating a floor for prices and encouraging retail participation. From a technical analysis perspective, these ranges align with historical support zones where ETH has previously bounced, offering insights into potential reversal points.

Market Sentiment and Trading Implications for ETH

The broader Ethereum market sentiment remains mixed, with institutional flows playing a pivotal role. While no real-time data is available here, historical patterns show that large buys like this often correlate with increased trading volumes and upward momentum. For instance, if ETH approaches the $3620 level, it could test critical support, where on-chain metrics such as active addresses and transaction volumes might spike, signaling accumulation. Traders considering similar strategies should focus on risk management, using stop-loss orders to mitigate downside risks, especially given ETH's correlation with Bitcoin (BTC) movements.

Exploring trading opportunities, this scenario presents cross-market plays. ETH's performance often mirrors broader crypto trends, so pairing it with stablecoins or altcoins could enhance portfolios. Institutional interest, evidenced by such high-value trades, might drive ETH towards resistance levels around $4000 if buying pressure builds. For those optimizing for SEO in crypto trading searches, key indicators include monitoring ETH/USD pairs for volume surges and analyzing sentiment via social media buzz, which can precede price pumps.

Strategic Insights for Crypto Traders

Diving deeper into trading-focused analysis, the trader's approach exemplifies dollar-cost averaging through limit orders, a tactic that reduces average entry costs during dips. With ETH's market cap hovering in the hundreds of billions, moves like this can impact liquidity on exchanges. Potential trading pairs to watch include ETH/BTC, where relative strength could indicate outperformance, or ETH/USDT for direct fiat exposure. On-chain metrics, such as gas fees and DeFi TVL, provide additional context; rising TVL often supports ETH price floors.

In summary, this Ethereum trading episode offers valuable lessons in patience and positioning. As the market evolves, staying attuned to such on-chain activities can uncover profitable entries. Whether you're a day trader or long-term holder, integrating these insights with technical charts could enhance decision-making, potentially leading to gains amid ETH's volatile journey.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references