Top Trader Bets on ETH Rise Despite Market Volatility

Renowned South Korean trader Ohtanishohei, previously recognized for leading Binance’s futures profit rankings, has opened a long position on

(ETH) using 5x leverage at an entry point of $3,950.67. This is the trader’s first long in the past month, following a year in which he amassed $10 million in unrealized profits from leveraged trading, starting with $100,000. The current position, involving 750 ETH, signals renewed optimism about Ethereum’s price direction despite ongoing market turbulence.

Ohtanishohei’s return to ETH longs coincides with Ethereum’s recent dip below the key $4,000 mark. Market data shows Ethereum closed at $4,006.79 on September 25, 2025, down 4.2% over the previous 24 hours. This drop came after a major liquidation event, where a significant ETH holding was closed out as the price fell under $4,000. By entering at $3,950, the trader appears to anticipate a recovery and stabilization for Ethereum from these levels.

This move highlights the influence of institutional and high-net-worth traders in the crypto market. By opting for 5x leverage—a moderate approach compared to the 10x or higher leverage often seen in crypto derivatives—the trader manages risk while maintaining exposure. This is in contrast to the recent surge in high-leverage trades, which led to over $290 million in liquidations across major cryptocurrencies in the last day, according to CoinGlass. Ohtanishohei’s consistent gains through disciplined rollover strategies emphasize the value of thoughtful leverage use in unpredictable markets.

The broader market shows mixed signals, with Ethereum derivatives activity on the rise. ETH balances on centralized exchanges have dropped to their lowest since 2016, suggesting strong institutional buying. At the same time, Ethereum spot ETFs saw $79.36 million in outflows on September 24, pointing to cautious investor sentiment. Despite these factors, the trader’s action suggests a positive outlook, supported by Ethereum’s historical resilience at key support levels. Analysts suggest that a sustained close above $4,400 would be crucial for restoring upward momentum, a target implied by Ohtanishohei’s position.

These trades are unfolding as regulatory and macroeconomic landscapes shift. Nine European banks are set to launch a MiCA-compliant euro-backed stablecoin by 2026, while U.S.

spot ETFs attracted $241 million in new investments on September 24. Such trends point to deeper institutional involvement in crypto, which could help stabilize the market. Ohtanishohei’s approach is a tactical response to these developments, leveraging Ethereum’s foundational role in DeFi and considering technical signals like the CMC Fear and Greed Index, which is currently at a “fear” level of 41. His renewed ETH long position demonstrates confidence in Ethereum’s long-term prospects, even amid short-term market swings.