The Ethereum price held firm at $2,325 on April 23 after an unidentified whale placed a $90.8 million long position on ETH with 20x leverage through HyperLiquidThe Ethereum price held firm at $2,325 on April 23 after an unidentified whale placed a $90.8 million long position on ETH with 20x leverage through HyperLiquid

Ethereum Price Holds $2,325 as Whale Opens $90 Million Long. Can ETH Break $3,000?

2026/04/24 20:30
5 min read
For feedback or concerns regarding this content, please contact us at [email protected]

The Ethereum price held firm at $2,325 on April 23 after an unidentified whale placed a $90.8 million long position on ETH with 20x leverage through HyperLiquid. CoinTelegraph reported the trade on April 20 alongside a second whale who opened $61 million at similar leverage, and spot Ethereum ETFs recorded seven consecutive days of net inflows totaling $426 million. That level of conviction from large wallets signals something deeper than a short-term bounce.

While Ethereum holders calculate the path from $2,325 back to the $4,955 all-time high and XRP trades at $1.42 with similar questions, 2026 rewards wallets that move early on presale entries with confirmed listings.

One project building real exchange infrastructure at $0.0000001866 with 267x math to listing is still open, and this article breaks down why that window matters more than any Ethereum price or XRP catalyst on the table right now.

Whale Opens $90 Million ETH Long as Spot Ethereum ETFs Post Seven-Day Inflow Streak

A trader with a strong track record opened the $90.8 million position on HyperLiquid as ETH cleared $2,400 earlier in the week per CoinTelegraph. A second large wallet followed with $61 million at 20x leverage and entry around $2,303. Together those positions represent over $150 million in directional conviction on Ethereum.

Spot Ethereum ETFs added $426 million over seven straight positive days, and global Ethereum investment products pulled in $328 million during the week ending April 17. The Ethereum price formed an ascending triangle on the daily chart, and a break above $2,400 targets $3,230.

Ethereum Price Compared: Ethereum, XRP, and the Presale Opportunity Pepeto

The Builder Behind Pepe Ships a Working Exchange as Pepeto Passes $9.45 Million

Contract risks drain more capital than corrections. Hidden permissions, fake liquidity, and token traps cost billions every cycle, and most traders discover the damage after their money is gone.

Pepeto built a scanner that catches every risk first. Before capital enters, the tool reads contract code, identifies admin overrides and exit traps, and shows the danger in plain terms. Zero-fee trading through PepetoSwap means the entry price is the real price with nothing taken, and a cross-chain bridge handles transfers between Ethereum, BNB Chain, and Solana at zero gas cost.

The Ethereum price needs months and billions in fresh capital to return to $4,955, and XRP at $1.42 faces the same grind toward its $3.65 high. Pepeto needs one listing. The Pepe cofounder who turned a meme token into $11 billion built this exchange with a former Binance executive, and SolidProof reviewed every contract before the presale opened. Over $9.45 million committed at $0.0000001866, staking at 178% APY compounds around the clock, and the CoinMarketCap preview page is live. The gap between today’s presale cost and the listing price is where the largest return of this cycle sits.

Ethereum Price Targets: Where ETH Lands and Why Presale Math Wins

Ethereum (ETH) Price at $2,325 as Ascending Triangle Points to $3,230

Ethereum (ETH) trades at $2,325 on April 23 per CoinMarketCap, pulling back 3.5% after clearing the $2,400 ascending triangle resistance earlier in the week. The token sits 52% below its all-time high of $4,955 from August 2025.

Support builds at $2,200 with the next test at $2,400. Whale positions totaling $150 million and ETF inflows of $426 million confirm institutional confidence.

Standard Chartered targets $7,500, and Cryptopolitan projects $6,351 max for 2026. Even $7,500 delivers 3.2x from here, a strong return but nothing close to what a presale at six decimal zeros produces before a confirmed listing.

Conclusion:

Every cycle plays out the same way. Large wallets bet heavy on Ethereum first, the broader market follows within weeks, and presales with real products absorb the next wave before most traders notice the opportunity narrowing. The $150 million in whale longs and seven straight days of ETF inflows confirm the 2026 rotation is underway, and the Ethereum price building toward $3,230 is the green light for presale entries that outperform the blue chip by orders of magnitude.

Pepeto holds that position because the original Pepe builder created a live exchange, passed a complete SolidProof audit, and locked a Binance listing while the presale still sits at $0.0000001866. When trading goes live, this cost stops being an option and starts being a memory. Remaining supply drops with every purchase, and the listing date closes in with every completed round, so waiting carries a cost that compounds daily.

Click To Visit Pepeto Website To Enter The Presale

FAQs

How does the Ethereum price outlook compare to Pepeto at presale?

Ethereum (ETH) trades at $2,325 with targets of $6,351 to $7,500 for roughly 2.7x to 3.2x from current levels. Pepeto at $0.0000001866 targets 267x at listing, the kind of multiple that only exists before exchange launches while blue chips take months to move.

What is Pepeto and how does it protect capital from contract risks?

Pepeto is a meme coin presale combining PepetoSwap with zero trading fees, a multi-chain bridge, and an AI contract scanner built by the Pepe cofounder. The presale raised $9.45 million with 178% APY and a confirmed Binance listing.

The post Ethereum Price Holds $2,325 as Whale Opens $90 Million Long. Can ETH Break $3,000? appeared first on Blockonomi.

Market Opportunity
Ethereum Logo
Ethereum Price(ETH)
$2,316.88
$2,316.88$2,316.88
-0.29%
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!