Ethereum whale opens $16.3M long as ETH price eyes bounce

Some large traders are raising the stakes and putting money on ETH price avoiding a trip below $4,000 and rebounding toward $4,300 soon.

Key takeaways:

ETH price has a short liquidation cluster “magnet” at $4,300–$4,360.

Ether price technicals support the case for a rally toward $4,750–$8,000.

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