A significant Ethereum trader expanded his position by adding 6,325 ETH to his existing 25x leveraged long position, bringing the total value to approximately $13 million. According to reports from AMBCrypto, despite facing unrealized losses of more than $33 million, the trader deposited an additional $287,913 USDC into HyperLiquid. This aggressive positioning highlighted growing conviction among derivatives traders, even as ETH continued struggling below key resistance levels.
Binance top trader data continued reflecting strong bullish sentiment across perpetual markets, with long accounts representing 78.38% of total trader positioning while short accounts remained near 21.62%. As reported by AMBCrypto, this imbalance pushed the Long/Short Ratio toward 3.63, showing leveraged traders heavily favored upside continuation instead of preparing for broader correction. However, crowded long positioning historically increased downside liquidation risks during volatility swings.
Ethereum continued consolidating between the $2,036 support and $2,419 resistance zone throughout recent sessions, with price repeatedly defending the lower demand region while failing to establish stronger continuation above nearby recovery levels. According to AMBCrypto, the daily chart reflected weakening structure after ETH rejected higher prices earlier this month near the upper resistance boundary. Directional Movement Index readings showed bearish control with ADX climbing near 30 while the -DI indicator held around 25.58, remaining significantly above the +DI reading near 9.98.
Funding Rates remained firmly positive near 0.0162 as derivatives traders continued favoring long positioning across perpetual markets, with the metric climbing more than 55% and reflecting growing willingness among traders to pay premiums for maintaining bullish exposure. As reported by AMBCrypto, such conditions usually appeared when speculative confidence strengthened despite uncertain price structure, though persistently elevated Funding Rates also increased the probability of volatility-driven liquidations.
