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Whale Buys 30,000 ETH Worth $75M, Ethereum Eyes $10,000 as Bitcoin Hits $110,000 with $150,000 Forecast

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Updated May 28, 2025, 02:18 AM

A prominent cryptocurrency whale has recently purchased 30,000 Ethereum (ETH) tokens worth approximately $75.39 million at an average price of $2,513 through an over-the-counter (OTC) transaction. This whale, potentially associated with Longling Capital, currently holds a total of 88,710.12 ETH valued at around $228 million, with unrealized profits estimated at $19.64 million. Previously, this investor made $23.73 million in gains by buying low and selling high on ETH. The recent purchase has sparked renewed bullish sentiment in the market, with some analysts and traders projecting Ethereum prices could reach $10,000. Concurrently, Bitcoin (BTC) has surged back to $110,000, prompting optimism about further price increases, with some forecasts suggesting BTC could hit $150,000 within the year. Market participants remain positive about the short-term prospects for both Ethereum and Bitcoin amid these developments.

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