Ethereum Price: Will ETH Soar Past $4K as Smart Whale Raises $131M Long?

The cryptocurrency market buzzes with excitement. Ethereum (ETH) approaches the critical $4,000 mark. A notable ‘smart trader’ whale recently amplified their ETH long position. This position now stands at an astounding $131 million. This move fuels significant speculation about Ethereum price trajectories. Many anticipate potential new highs for the digital asset.

Ethereum Price Nears $4,000 Amid Bullish Sentiment

Ethereum bulls actively pushed the price above $4,000. Traders closely monitored a smart trader’s activity. They projected higher Ethereum price movements. On Friday, Ether (ETH) held strong in its rebound towards $4,000. This occurred as a smart trader significantly increased their ETH upside bet. Data from Crypto News Insights Markets Pro and TradingView showed the ETH/USD pair trading at $3,940. Earlier on Friday, it hit an intraday high of $4,025. Reaching this key level offered cause for optimism. This happened ahead of some crucial volatility triggers. Trader Daab Crypto Trades commented, “To get things going again, you’d want to break back above $4.1K, which has been the cycle high for a long time.” He added, “This is a key area to get back above to turn this recent flush into a big deviation. Possibly followed by a real breakout after.”

Decoding the Smart Trader’s Mammoth ETH Long Position

Attention shifted to an unknown trader. This individual boasts a 100% win rate. They increased their ETH long position in Ethereum to 33,270 ETH. This sum is worth about $131.24 million at current rates. Lookonchain reported this significant activity on October 24, 2025. The trader, identified as 0xc2a3, also opened a 4X long on 80 BTC. This Bitcoin position is valued at $8.9 million. Its entry price was $110,900 per Bitcoin. X user Discover noted, “In the past 2 weeks, he’s already pocketed $16M in profit.” They further stated, “Looks like he’s betting big on the next Ethereum pump.” Such moves by a successful crypto whale often signal strong market conviction. Furthermore, mega whales (holding 10,000–100,000 ETH) show signs of accumulation. This activity increases the chances of Ether’s breakout above $4,000.

Smart trader 0xc2a3, with a 100% win rate, has increased his $ETH long position to 33,270 $ETH($131.24M). He also opened a 4x long on 80 $BTC($8.9M). His total profit has now surpassed $15.4M. pic.twitter.com/QnP0ZBSG0d

— Lookonchain (@lookonchain) October 24, 2025

Bullish Ethereum Forecasts Emerge for ETH’s Future

Bullish traders are increasing their calls for higher Ether prices. They see $4,000 as a crucial line in the sand. Master of Crypto highlighted Ether’s declining supply on exchanges. He suggested a supply squeeze could soon trigger an explosive move in Ethereum forecast. “More and more ETH is leaving exchanges every day. Exchange reserves just hit their lowest level in years,” he stated in a Friday X post. He concluded, “People are holding, not selling. When this happens, prices usually explode.” Fellow analyst Crypto Zee agreed that Ether was poised to move higher. Its price formed a “textbook continuation” structure. “Look for a steady climb through the $4,250 resistance,” he wrote on Friday. “Followed by the primary goal, the $4,750 Demand Zone.” For Jelle, Ether’s upside target remains an ambitious $10,000. This holds true as long as “we hold those previous highs.”

$ETH is doing what it does best; making things look disgusting while also holding the key levels. So long as we hold those previous highs, it's a matter of time until this coin finally enters price discovery. Target remains $10k. pic.twitter.com/prcEJ5zGCp

— Jelle (@CryptoJelleNL) October 24, 2025

Macroeconomic Influences and the Impact of a Crypto Whale

Market participants also await key macroeconomic data. The Consumer Price Index (CPI) report for September is expected. This is the first major data release since the US government shutdown. Inflation data is expected to be high at 3.1%. However, it is unlikely to stop momentum for Fed rate cuts. Odds for these cuts stand at over 94%, according to the CME Fedwatch tool. These broader economic signals often influence crypto markets. They add another layer of complexity to predicting movements. Meanwhile, the continued activity of a significant crypto whale provides a strong bullish signal. Their consistent winning streak offers confidence to other market participants. This suggests a potential for sustained upward momentum. Ultimately, global economic factors remain crucial for market direction.

Will Ethereum Reclaim $4K? Analyzing Key Levels

The question remains: can $4K Ethereum become a sustained reality? Technical analysis supports this optimistic outlook. Ethereum’s MVRV data, combined with a bull flag breakout, signals renewed upside momentum. This points towards ETH reaching $4,500 by the end of October. The declining balance of ETH on exchanges further strengthens this case. When supply tightens, prices typically react positively. Therefore, many analysts believe that reclaiming and holding the $4,000 level is a critical step. This would pave the way for further gains. Investors should always conduct their own research. Every investment and trading move involves inherent risk. This article does not contain investment advice or recommendations.