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Sign InLeveraged positions for Ethereum (ETH) on Binance have reached an unprecedented record of 75%, even as market sentiment reacted to the Federal Reserve's latest signals. However, the narrative is shifting as historical data indicates the richest ETH whales are returning to a 'profitable state,' signaling renewed confidence among major holders. While Ethereum's price remains firm above the critical $2,100 support level, analysts have now set bullish price targets at $2,750 and $3,200 for the coming months. This optimistic outlook contrasts with ongoing concerns over a 'liquidity trap' caused by extreme leverage and shifting market dynamics. Despite the whale activity, the high leverage on Binance continues to pose a significant risk of sudden liquidations or a 'long squeeze.' Investors are now balancing these new bullish technical targets against the backdrop of Fed-induced volatility and macroeconomic pressures.