An unknown user received 55-time profit on investments in the second cryptocurrency capitalization. This was noticed by Lookonchain analysts.
This Legendary Trader Has Closed All 66,749 $ Eth($ 303M) LONGS, Locking in A Profit of $ 6.86M (55x)!
Starting with only $ 125k, HIS Total Account Equity Peaked at Over $ 43M (A 344X RETURN), BUT now Stands At $ 6.99M (A 55X RETURN) AFTER CLOSING.https://t.co/e0iu5pk3q6 pic.twitter.com/nhmicko6b3
– Lookonchain (@lookonchain) August 18, 2025
In May, the trader transferred Hyperlique $ 125,000 to a decentralized exchange. For four months, he opened long positions and “reinvested every dollar”. In the moment, the cost of his portfolio reached $ 303 million.
On August 18, after the fall of Ethereum, the market participant closed 66,749 Longs and recorded a profit of $ 6.86 million. At the peak, the total capital on its account was estimated at more than $ 43 million.
Over the past day, the broadcasting course decreased by 4.6%, according to Coingecko. At the time of writing, cryptoactive is traded at $ 4328.
What will happen to the price of Ethereum?
According to the cryptotreder under the nickname Cipher X, if the second rate of the capitalization of cryptocurrency decreases to $ 4200, there will be long positions in the amount of $ 2 billion.
🚨 Liquidation Warning
• Over $ 2 Billion in Longs COULD Be Liquided if $ Eth Dips to $ 4,200
• That’s a Massive Liquidation Cluster Waiting to be Triggered
• BREAKING THIS LEVEL COULD Spark A Cascade of Forced Selling Across Exchange. pic.twitter.com/dk6mmtajti
– Cipher X (@cipher2x) August 18, 2025
The greatest concentration of the credit shoulder is a little lower than the current price. On Binance, the potential volume of liquidations near the expert level called by the expert is $ 52.18 million, and $ 21.56 million and $ 23.59 million, respectively, for OKX and BYBIT.
Analyst Lennart Snyder noted that Ethereum was fixed over the key resistance of $ 4000. Any movement above $ 3490 still confirms the ascending trend.
$ Eth Printed a Weekly Gain of Key $ 4,000 Resistance. 👌
What somes this mean for ethereum?
Technically Speaking, EVERYTHING ABOVE $ 3.490 IS A Higher-Low & Keps The Uptrend Intact.
Flipping $ 4,000 Into Support Woup Be a Very Bullish Retest.
The Higher We Hold, The Stronger. pic.twitter.com/7zjbooCbnt
– lennart Snyder (@lennaertsnyder) August 18, 2025
Current support levels-$ 4240-4190. The resistance is at $ 4 550-4 571. Snyder designated $ 4780 as the upper boundary of the range, emphasizing that the growth above this mark will open the road to $ 5,000.
Institutional interest
As previously noted in Standard Charted, Ethereum also support stable tributaries in ETF and demand from corporate treasury.
Over a week from August 9 to 15, exchange funds based on the air attracted a record $ 2.8 billion. The volume of trading with these instruments exceeded $ 17 billion – a historical maximum.
Meanwhile, public companies have accumulated more than 4 million ETH in the amount of $ 17.6 billion – this is 3.38% of the total cryptocurrency offer.
On August 18, Bitmine Immersion reported that she bought 373,000 ETH in a week, bringing a balance of up to 1.52 million coins worth $ 6.5 billion. The company takes first place among Ethereum-treasury and the second among the global ones, yielding only Strategy, which owns 628 946 BTCs for $ 74 billion.
Recall, the trend for corporate cryptocators caused disputes in the community. Supporters believe that such structures increase the visibility of the ecosystem and form the long -term value of the assets that the companies accumulate. Critics, in turn, indicate the risk of conflict of interest.
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Source: Cryptocurrency
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