Major ETH Whale Positions Signal Highlights Future Bullish Momentum

I'm observing a significant Long position on Ethereum (ETH) held by a major whale, with an entry price around $3,470. The whale has committed approximately 3,500 ETH, leveraging 25x on a cross margin basis, indicating a strong bullish outlook on ETH. The liquidation level is set at about $3,250, which provides some buffer against downside risk, but the overall position size and leverage suggest a high conviction bet. The current margin balance and position value imply substantial confidence in ETH's upward movement, especially given an unrealized profit of roughly $5,640. This indicates the whale expects ETH to rise, and the absence of funding fees shows the position is still active and profitable.