Finance

Ethereum’s Ascent: How a Smart Trader’s $131M Bet and Whale Accumulation Could Propel ETH Past $4,000

Ethereum‘s price tests $4,000, spurred by a smart trader’s $131M Ether long position and bullish sentiment.

byAndres Castro

October 24, 2025, 4:22 PM

A gold Ethereum coin sits on stacks of other coins in front of a blue stock market chart.

A physical Ethereum coin in front of a digital stock chart. By MDL.

Executive Summary

A “smart trader” with a 100% win rate has significantly expanded their Ethereum long position to over $131 million, indicating strong confidence in an impending price surge.

Ethereum’s price is testing the $4,000 mark, supported by strong technical indicators, analyst predictions of further upside towards $4,750-$10,000, and a declining supply of ETH on exchanges.

“Mega whales” are accumulating Ether at current price levels, reinforcing bullish sentiment and increasing the likelihood of the cryptocurrency breaking above the $4,000 threshold.

The Story So Far

The current optimism around Ethereum’s price testing $4,000 is largely fueled by a highly successful “smart trader” significantly expanding their long position, coupled with strong on-chain metrics indicating a declining supply of ETH on exchanges and active accumulation by “mega whales.” This bullish sentiment is further reinforced by market expectations of high odds for Fed rate cuts, despite anticipated high inflation, which could create a favorable environment for risk assets like cryptocurrencies.

Why This Matters

The significant increase in a “smart trader’s” Ethereum long position, alongside strong technical indicators, declining exchange supply, and robust whale accumulation, signals a potent bullish sentiment for Ether, potentially driving its price past key resistance levels and validating optimistic price targets from analysts ranging up to $10,000.

Who Thinks What?

An unnamed “smart trader” with a 100% win rate believes Ethereum’s price will surge, as evidenced by their significant long position of over $131 million in Ether.

Market analysts like Master of Crypto, Crypto Zee, and Jelle are bullish on Ether, citing declining supply on exchanges, “textbook continuation” patterns, and whale accumulation, with some predicting targets as high as $10,000.

“Mega whales” (entities holding 10,000-100,000 ETH) are accumulating at current price levels, suggesting they anticipate a breakout above the $4,000 threshold and continued upside momentum.

Ethereum’s price is testing the $4,000 mark, fueled by optimism from a highly successful “smart trader” who has significantly increased their long position in Ether, now valued at over $131 million. The cryptocurrency’s rebound comes amidst strong technical indicators and expectations of further upside momentum, as market participants await key economic data.

Smart Trader’s Bet on Upside

An unnamed but highly successful trader, noted for a 100% win rate, has reportedly expanded their Ethereum long position to 33,270 ETH, equivalent to approximately $131.24 million at current rates. This individual also opened a 4X long on 80 Bitcoin, valued at $8.9 million, entering at $110,900 per BTC. According to X user Discover, the trader has already accumulated $16 million in profit over the past two weeks, indicating a strong bet on an impending Ethereum price surge.

Market Dynamics and Economic Context

The ETH/USD pair recently traded at $3,940, having briefly touched an intraday high of $4,025 on Friday, according to data from Cointelegraph Markets Pro and TradingView. Trader Daab Crypto Trades suggested that breaking above the long-standing cycle high of $4,100 would be crucial to turn the recent price flush into a significant deviation and potential breakout. This market activity unfolds as investors anticipate the September Consumer Price Index (CPI) report, expected to show high inflation at 3.1%, though this is unlikely to deter odds of Fed rate cuts, which stand at over 94% according to the CME Fedwatch tool.

Bullish Price Predictions Emerge

Several analysts are issuing bullish price predictions for Ether, pointing to strong on-chain metrics and technical structures. Master of Crypto highlighted a declining supply of ETH on exchanges, which has reached multi-year lows, suggesting a potential supply squeeze that could trigger an “explosive” price movement. Analyst Crypto Zee agreed, noting that Ether’s price has formed a “textbook continuation” pattern and could climb through $4,250 resistance towards a primary goal of the $4,750 demand zone. Furthermore, analyst Jelle maintains an upside target of $10,000 for Ether, provided key previous highs are maintained.

Whale Accumulation Signals Strength

The bullish sentiment is further supported by observations of “mega whales,” entities holding between 10,000 and 100,000 ETH, showing signs of accumulation at current price levels. This accumulation activity is seen as increasing the likelihood of Ether breaking out above the $4,000 threshold. Previous reports also indicated that Ethereum’s MVRV data and a bull flag breakout aligned to signal renewed upside momentum towards $4,500.

Outlook

Overall, market sentiment around Ethereum remains strongly bullish, driven by significant whale activity, favorable technical analysis, and diminishing supply on exchanges. The cryptocurrency’s ability to sustain its position above key resistance levels in the coming days will be critical for confirming these optimistic price trajectories.