币界网报道：Ethereum (ETH) is showing signs of a potential rebound as large investors, or "whales," have placed over $100 million in leveraged long positions on the cryptocurrency. Data from Coinglass reveals that ETH open interest surged by $100 million in the past 24 hours, with long positions dominating the market. This bullish activity comes as ETH's price hovers around $3,000, down from its recent high above $3,500. Analysts suggest that the increased whale activity could signal confidence in an upcoming price recovery, despite recent market volatility. The Ethereum network's upcoming upgrades, including the Dencun hard fork, may also be contributing to renewed investor interest. However, some traders remain cautious, noting that high leverage can lead to rapid liquidations if the market moves against these positions. The ETH/BTC trading pair has also shown resilience, bouncing from its recent lows, which could indicate strengthening ETH demand relative to Bitcoin. Market watchers are closely monitoring whether this whale activity will translate into sustained upward momentum for Ethereum.