"Maji" has increased ETH long positions, currently with a slight unrealized profit.

Vitalik Buterin Plans “Cypherpunk” Upgrade Path to Strengthen Ethereum Over the Next Five Years

Vitalik Buterin has revealed plans to build a “cypherpunk principled non-ugly Ethereum” interoperable with the existing chain. The new network would run alongside Ethereum for years, but with its own lean consensus and a new virtual machine. Vitalik Buterin has been known to make bold

10x Research: Ethereum enters a critical valuation range, Bitmine's massive unrealized losses highlight structural pressure

Ethereum is facing a dual test of valuation and fundamentals, and the market needs to determine whether its downturn is a cyclical bottom. Bitmine has incurred an $8.8 billion loss, and increased ETH holdings have sparked controversy, highlighting the importance of capital allocation. Investors should carefully assess Ethereum's value prospects.

ETH Breaks Through 1900 USDT

Gate News bot message, Gate market display, ETH breaks through 1900 USDT, now priced at 1900.37 USDT.

An address is using 25x leverage to go long on ETH, with a position worth $28.44 million.

Odaily Planet Daily reports that, according to Onchain Lens monitoring, a newly created address (0x4cBC...3447) deposited $1.5 million USDC into Hyperliquid and opened an ETH long position with 25x leverage, with a position value of $28.44 million.