A prominent cryptocurrency trader, known for a flawless 100% win rate and $3.2 million in profits, has initiated a $35 million long position on Ethereum. The trade, executed with 4x leverage, involves 9,082 ETH at an entry price of $3,875. Despite an initial unrealized loss of $112,619, Ethereum's price has since climbed to $4,103, marking a 4% increase in 24 hours. This move follows the trader's recent six-figure gains, including $1.14 million from a previous Ethereum long and $1.38 million from a Bitcoin position. The market's positive momentum is supported by reduced ETF outflows and anticipation of the Fusaka upgrade on December 3.