Smart Trader Bets $30 Million Before Halloween: How You Can Do the Same

As most traders wrapped up a chaotic October, one mysterious investor made a move that turned the market’s attention toward Ethereum again. 

Just days before Halloween, an on-chain analyst revealed that a trader opened a long position worth over $30 million on Ether, surprising everyone who thought the market had gone quiet.

The trader used 25 times leverage through the decentralised platform Hyperliquid, entering the position with 7,929 ETH. 

Within hours, the position showed an unrealised profit of around $350,000, a number that instantly made traders across social media sit up and pay attention.

At the time, Ethereum was trading near $3860, down 1.7% for the day. Despite October ending with more fear than excitement, this one bold move injected new life into the market narrative. 

Instead of “Downtober,” traders began talking about “Hallowmoon,” speculating whether this mystery buyer had just called the next big Ethereum rally.

Why This Halloween Bet Has Everyone Watching Ethereum

The scale and timing of this trade are what make it so intriguing. October was marked by weakness across the market following political shocks and macro uncertainty. 

Bitcoin hovered around $109,000 while Ethereum slipped below $3800, creating a sense of unease. Then, just as traders began stepping back, one individual doubled down with millions on the line.

For some, this move signalled insider confidence or a strong conviction that Ethereum had reached its floor. For others, it sparked FOMO, the fear of missing out on a major rebound. 

After all, Ethereum remains one of the most actively traded and institutionally supported cryptocurrencies. With its price consolidating near long-term support, some analysts believe this could be the start of a larger accumulation phase.

Even market commentators couldn’t resist weighing in. Bitget Wallet researcher Lacie Zhang noted that the usual “Halloween effect”, the theory that markets rise after October, might play out differently this year. 

Crypto analyst Nic Puckrin went further, warning that it might be a “spooky month for bears,” hinting that overconfident short-sellers could be caught off guard by an unexpected rally.

Whether this trader was simply bold or exceptionally smart, one thing is clear: the move has reignited excitement across the market. With Ethereum holding firm above $3800, traders are now watching to see if $4000 will become the next major milestone.

Read also: Top 4 Altcoins to Buy in 2025: Blue-Chip Crypto Picks

How You Can Take Advantage of Ethereum’s Halloween Setup on Bitrue

If you are wondering how to follow in the footsteps of this daring trader, the key is to be prepared before the next breakout happens. Bitrue gives you the tools, liquidity, and access to trade Ethereum and other top-performing cryptocurrencies safely and efficiently.

Here’s how you can start trading Ethereum on Bitrue:

1. Open the Bitrue app or visit the official Bitrue website.

2. Go to the Trade section from the homepage.

3. Use the search bar to find ETH or other trending assets.

4. Select the trading pair such as ETH/USDT.

5. Choose Market Order if you want to buy instantly or Limit Order to set your preferred entry price.

6. Confirm the trade and check your wallet balance once the purchase is complete.

Bitrue also features the Bitrue Alpha section, where early-stage tokens and trending projects are listed before they appear on other major exchanges. This gives you the advantage of getting in early when prices are still low and upside potential is higher.

Security is a top priority on Bitrue. The platform uses strong encryption, two-factor authentication, and risk management systems to ensure your funds remain protected while you trade.

For traders who want to act on strong conviction, just like the Halloween whale, Bitrue’s combination of reliability, speed, and liquidity provides a powerful setup for both short-term and long-term opportunities.

Read also: Is Bitrue Alpha Worth It? Give it A Try Now

Why Traders Are Calling This “The Halloween Setup”

Halloween 2025 has become more than just another market date, it might mark the start of Ethereum’s comeback. 

The timing, confidence, and scale of this single trade have reminded the crypto community that volatility cuts both ways. Those who position early when fear is at its peak often end up ahead when the recovery begins.

Analysts now suggest that Ethereum could test $4000 soon if sentiment continues improving. Meanwhile, altcoins are starting to show signs of life as well, with historical data suggesting that strong Ethereum performance often precedes an altcoin rally.

For traders, this means opportunity. The key is to act while others hesitate. Platforms like Bitrue make it possible to do that quickly and safely, allowing you to capture price movements the moment they begin.

Read also: How to Buy Coins on Bitrue Alpha: A Simple Guide

Conclusion

A smart trader’s $30 million bet before Halloween has reignited excitement in Ethereum and reminded everyone that big opportunities often come when others are afraid to act. 

Whether this marks the start of Ethereum’s next bull leg or just the spark before a larger fire, one thing is certain, those who prepare now will have the upper hand when momentum returns.

You can take advantage of these opportunities today by trading on Bitrue. With its secure system, intuitive design, and Alpha section for early listings, Bitrue gives you the perfect environment to trade confidently and catch the next wave, just like the smart trader who made their move before Halloween.

FAQ

Who placed the $30 million Ethereum trade before Halloween?

An anonymous trader opened a 25-times leveraged long position on Ethereum worth $30 million, surprising analysts and sparking speculation of a bullish move.

Why did this trade attract attention?

The size, timing, and confidence behind the trade suggest that the trader believes Ethereum is poised for a strong rebound, inspiring others to follow.

Could Ethereum reach $4000 soon?

Analysts believe Ethereum’s current range above $3800 could build the foundation for a push toward $4000 if buying pressure strengthens.

How can I trade Ethereum safely?

You can trade Ethereum on Bitrue by signing up, visiting the Alpha section, selecting ETH/USDT, and placing your buy order with full security measures enabled.

Why choose Bitrue for trading

Bitrue offers strong liquidity, high security, and early access to trending projects through Bitrue Alpha, helping traders capture opportunities before the wider market reacts.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.