A whale's short position of 54,200 ETH is nearing liquidation, with a liquidation price of $1,674.4

According to on-chain analyst Ember monitoring, a whale (0x50b...9f20) previously opened a short position of 54,200 ETH at an entry price of $1,541.3, with a liquidation price of $1,674.4. ETH has now risen to $1,646.2, and this position is just $28 away from the liquidation price.