Key Takeaways:
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The price of Ether is testing $4,000 as a highly successful trader expects further gains in the price of ETH.
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Traders said that ETH is poised for an upside move, citing strong technicals and a decline in balance on exchanges.
Ether (Eth) held strong in its rebound to $4,000 on Friday as a smart trader increased their ETH upside bet.
Top Trader opens new ETH Long Position
Data from Cointelegraph Markets Pro and TradingView The ETH/USD pair was shown trading at $3,940, after hitting an intraday high of $4,025 on Friday.
Related: Ark Invest-backed firm becomes largest eth hoarder outside US
Reaching this Key level, ETH/USD offers reason for optimism ahead of some major volatility.
“To get things going again, you want to break above $4.1k, which has been a cyclical high for a long time,” said trader Daab Crypto Trades, addition:
“This is a key area to get back above to turn this recent flush into a major deviation. Possibly followed by a true breakout afterwards.”
The Consumer price index (CPI) Report for September, the first major data release since US government shutdown At the beginning of this month, is It is expected to be published on Friday.
The inflation data is expected to be as high as 3.1% but is unlikely to stop the momentum for Fed rate cuts, with the odds standing at more than 94%, according in the CME Fedwatch tool.
While market participants waited for the triggers, the attention shifted to an unknown trader with a 100% win rate after they increased their long position in Ethereum to 33,270 ETH, which is worth about $131.24 million at current rates.
Smart Trader 0xC2A3, with a 100% win rate, increased his $ Eth Long position at 33,270 $ Eth($131.24m).
He also opened a 4x long at 80 $ Btc($8.9m).
His total earnings now exceed $15.4m.https://t.co/xzfh3jrgx2 pic.twitter.com/qnp0zbsg0d
– lookonchain (@lookonchain) October 24, 2025
The trader also opened a 4x long at 80 BTC, worth $8.9 million, with an entry price of $110,900 per bitcoin.
“In the past 2 weeks, he has pocketed $16m in revenue,” said X User Discover, defines the trader’s winning streak, adding:
“He seems to be betting big on Ethereum’s next pump.”
Count Cointelegraph reportedmega whales (10,000-100,000 ETH) are showing signs of accumulation at current prices, increasing the chances of ether breakout above $4,000.
Bullish ETH price predictions have emerged
Bullish traders are increasing their calls for higher ether prices as $4,000 becomes a line in the sand.
The Master of Crypto, pointing to Ether’s supply decline on exchanges, said that a supply squeeze could trigger an explosive move in ETH’s price.
“More and more people are leaving the exchanges every day. Exchange reserves just hit their lowest level in years,” He said In a Friday x post, adding:
“People are holding, not selling. When this happens, prices usually explode.”
Fellow analyst Crypto Zee agreed that Ether is poised to move higher, as its price has formed a “textbook continuation” structure.
“Look for a solid climb through the $4,250 resistance, followed by the main objective, the $4,750 demand zone,” he write on Friday.
For Jelle, Ether’s upside target remains $10,000 as long as “we hold the previous highs.”
$ Eth is doing what is done best; Making things look hideous while also holding key levels.
As long as we hold the previous highs, it is time until this coin finally enters price discovery.
The target remains at $10k. pic.twitter.com/prcej5zgcp
– Jelle (@cryptojellenl) October 24, 2025
Count Cointelegraph reportedEthereum’s MVRV data and a bull flag breakout align to signal updated upside momentum for ETH towards $4,500 by the end of October.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making decisions.
