According to Crypto Rover, a major whale has opened a $60.4 million long position in Ethereum (ETH) at an entry price of $2666.31, using 25X leverage (source: Crypto Rover, Twitter, May 23, 2025). This high-leverage bet signals strong bullish sentiment among large investors and could trigger significant volatility in ETH price action. Traders should monitor liquidation levels and order book activity near the $2666 mark, as aggressive whale movements like this often precede sharp market swings and increased trading volume. Such large leveraged positions can also influence funding rates and cascading liquidations, impacting overall crypto market sentiment.