Ethereum News Today: Whales Accumulate $480M ETH as Open Interest Surges 8.2% Post-Liquidation

Generated by AI AgentCoin World
Monday, Oct 13, 2025 9:54 pm ET1min read
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Aime RobotAime Summary

- Ethereum's open interest rose 8.2% after a $10B liquidation event in late September 2025 triggered by Trump's tariff threats and geopolitical tensions.

- Institutional buyers and whale accumulators (e.g., BitMine's $480M ETH purchase) signaled recovery as leverage returns to the market.

- Technical analysis shows ETH testing $4,150 resistance, with potential targets at $4,500–$4,750 if it breaks above $4,250–$4,300.

- Risks persist: 75% of similar recoveries historically reverted, while macroeconomic uncertainties and post-liquidation leverage could reignite volatility.

Ethereum's open interest surged by 8.2% in the past 24 hours as traders re-entered the market following a record $10 billion liquidation event in late September 2025. The deleveraging episode, triggered by geopolitical tensions and a 100% tariff threat from U.S. President Donald Trump, wiped out leveraged positions across major exchanges, creating a market reset. However, renewed buying activity, particularly from institutional players and whale accumulators, has signaled a potential recovery. On-chain analyst Maartunn noted that leverage is returning to

Ethereum
, with speculative activity resuming as volatility stabilizes .

The liquidation event, which saw Ethereum's price plummet to $3,450 before rebounding to $4,150, has drawn comparisons to historical patterns where aggressive deleveraging precedes strong rebounds. Analysts highlight that Ethereum often outperforms

Bitcoin
in post-liquidation recoveries, with a 14% surge in ETH prices observed within two weeks of similar past events . Whale activity further supports this narrative: BitMine (BMNR) accumulated 128,718 ETH ($480 million) during the dip, with an average cost basis of $3,730, reinforcing confidence in Ethereum's fundamentals .

Technical indicators suggest Ethereum is testing critical resistance levels. The ETH/USD pair has consolidated near $4,150, with the 200-day moving average acting as a key support. A sustained break above $4,250–$4,300 could target $4,500–$4,750, while a failure to hold above $4,000 might retest $3,600 . Derivatives data also shows a bullish bias, with Binance's ETH/USDT long/short ratio at 2.1486 and OKX at 2.26, indicating strong conviction among traders .

Despite the optimism, risks remain. The rapid influx of leverage post-liquidation could lead to renewed volatility, with analysts cautioning that 75% of similar recovery attempts historically revert. Additionally, macroeconomic uncertainties, such as U.S.-China trade tensions, could reignite market jitters. Binance's transition to oracle-based collateral pricing post-liquidation aims to mitigate future cascading failures, but structural vulnerabilities persist .