A trader, known for an exceptional 100% win rate, has already accumulated over $16 million in profits within the past two weeks – a move many traders see as a sign of high conviction that a strong rally is on the horizon.
The whale with 100% win rate has now opened a $131.8 million $ETH long position.
In just 2 weeks, this trader has made $16 million in profits.
He definitely knows a pump is coming. pic.twitter.com/afcWvDqTfZ
— Ash Crypto (@Ashcryptoreal) October 24, 2025
The position, highlighted by market analyst Ash Crypto, was opened as Ethereum traded just below the $4,000 level. With unrealized gains already exceeding $2 million and leverage producing a return on equity above 120%, the trader’s move has sparked a wave of speculation that Ethereum could soon break out of its consolidation range.
Whale’s Bold Bet Stirs Market Buzz
The sheer size of the whale’s long exposure makes this one of the largest Ethereum leveraged positions in recent weeks. Trading dashboards show a sustained build-up of open interest and rising funding rates – both indicators of aggressive bullish positioning among large traders.
Market data also shows thick liquidity clusters forming above $4,200, suggesting that many stop orders and liquidation levels could be triggered if Ethereum pushes through that resistance. If this occurs, it could lead to a rapid short squeeze, forcing bearish traders to close positions and adding further upward pressure on prices.
Analysts note that most traders have turned overly cautious following early-October volatility, setting the stage for a potential reversal fueled by contrarian positioning. As one trader noted, “just like everyone was bullish at the start of October, most are now bearish – and that’s usually when the market surprises.”
Analysts Turn Bullish on ETH Performance
Several prominent analysts have started aligning with this more optimistic outlook. Michaël van de Poppe stated that Ethereum looks poised to break its downtrend and outperform Bitcoin, which could mark the beginning of the next major altcoin cycle. According to him, ETH’s structure on higher timeframes suggests accumulation near key support zones – a common precursor to trend reversals.
$ETH is about to break the downtrend and outperform #Bitcoin, starting the next big #Altcoin run. pic.twitter.com/wB4i788TIN
— Michaël van de Poppe (@CryptoMichNL) October 24, 2025
Crypto Rover added to the enthusiasm by noting that Ethereum’s current trajectory mirrors Bitcoin’s 2024 fractal almost perfectly. In his comparison chart, Bitcoin’s explosive rally earlier this year followed a similar pattern of consolidation and gradual recovery – a setup he believes Ethereum may now be replicating.
$ETH IS FOLLOWING BITCOIN’S 2024 FRACTAL! pic.twitter.com/T0PXFXUcj5
— Crypto Rover (@cryptorover) October 24, 2025
On the technical side, Ethereum’s daily RSI remains near 45, hinting at room for further upside before approaching overbought conditions. Meanwhile, MACD indicators show early signs of flattening bearish momentum. If ETH manages to sustain above $4,000, traders expect a stronger technical confirmation for the next upward leg.
Institutional Momentum Builds with JPMorgan’s Collateral Initiative
Institutional adoption is adding another bullish layer to the Ethereum narrative. JPMorgan is reportedly preparing to allow corporate and institutional clients to use Bitcoin and Ethereum as collateral for loans – a move that would deepen crypto’s integration into mainstream finance.
Sources familiar with the matter revealed that the initiative is expected to roll out by the end of 2025 and will rely on third-party custodians to safeguard the pledged assets. This new framework would enable institutions to borrow against their crypto holdings without selling them, offering greater liquidity while maintaining market exposure.
The plan builds upon JPMorgan’s earlier acceptance of crypto-linked ETFs as collateral and signals a growing comfort among major banks with digital assets. By bringing Ethereum under the same risk and lending frameworks as traditional assets like equities and bonds, the program could drive sustained demand from long-term investors.
Macro Events Could Fuel Short-Term Volatility
While institutional signals look strong, Ethereum’s immediate trajectory will likely hinge on several key macro events unfolding over the next week. U.S. inflation data (CPI) is due today, which could influence expectations for the Federal Reserve’s rate decisions ahead of next week’s FOMC meeting. Lower-than-expected inflation could inject fresh optimism into risk assets, including cryptocurrencies.
At the same time, geopolitical developments are back in focus as President Donald Trump prepares to meet China’s President Xi Jinping to discuss trade policy and tariffs. Any progress in those talks could ease global market tension and drive capital inflows into speculative assets like Ethereum and Bitcoin.
With liquidity concentrations sitting above $4,200 and sentiment flipping from bullish to cautious, Ethereum appears to be in a position where even moderate buying pressure could trigger outsized moves. If momentum continues to build, a short squeeze toward $4,300–$4,500 becomes increasingly plausible – potentially confirming the whale’s $131.8 million bet as one of the most well-timed trades of the quarter.