A highly profitable cryptocurrency trader boasting a 100% win rate and over $3.2 million in total profits has taken a massive bullish position on Ethereum ( ETH ). The trader opened a 4x leveraged long position worth $35 million, equivalent to 9,082 ETH, at an entry price of $3,875, according to onchain data shared by Lookonchain on October 1 a minor unrealized loss of about $112,619 (-1.28%), the trader remains fully committed to a long position, maintaining 100% exposure to 2 trader, with $3.2M in total profit and a 100% win rate, just opened a 4x long on 9,082 $ETH ($35M). 0 3 — Lookonchain (@lookonchain) October 21, 2025 Historical data from the same wallet shows an impressive streak of profitable 4 October alone, the trader secured multiple six-figure wins, including $1.14 million from a long ETH position closed on October 20 and another $1.38 million from a Bitcoin ( BTC ) long earlier in the month.
Interestingly, the trader’s bullish outlook on Ethereum comes at a time when the second-largest cryptocurrency faces heightened volatility across the broader 5 rebounding Since the position was opened, Ethereum has shown renewed strength, reclaiming the $4,000 6 rebound coincides with easing ETF outflows and increased whale accumulation ahead of the 7 report on October 8 fell to $145 million from $311 million last week, signaling reduced selling pressure as traders hedge inflation risks with 9 the same time, excitement around the upcoming Fusaka upgrade on December 3, which is expected to double Layer 2 data capacity and cut fees by 40%, has added to bullish 10 price analysis By press time, Ethereum was trading at $4,103, up almost 4% in the past 24 hours, though still down about 1% on the weekly 11 seven-day price chart.
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