According to Lookonchain, trader 0xcB92 has achieved over $3 million in unrealized profit by taking a 25x leveraged long position on Ethereum (ETH) just two days ago. This high-risk, high-reward trade highlights renewed bullish sentiment and increased leverage activity in the ETH derivatives market. Such moves often signal rising volatility and can attract copy-trading interest, potentially amplifying price swings for ETH and related altcoins. Traders should monitor liquidation levels and funding rates closely as leveraged positions may impact short-term ETH price action. (Source: Lookonchain, May 29, 2025)