$50 Million Ethereum Short Rocks The Market: How Will ETH Price React?
Whale wallet 0x50b3 opened a 25x leveraged short worth $50.55 million on ether (ETH), per Lookonchain data. The same wallet placed a 20x long worth $25.27 million on Bitcoin (BTC), splitting whale conviction across the top two cryptos. The position arrived as Ethereum traded near $2,193. Liquidation pressure sits at $2,288 for the short leg...
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