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A whale is shorting $50.55 million worth of ETH with 25x leverage and longing $25.27 million worth of BTC with 20x leverage

2026-05-17 06:38

According to Lookonchain monitoring, a whale has opened a 25x leveraged short position on ETH, with a size of 23,151 ETH, worth $50.55 million; and has opened a 20x leveraged long position on BTC, with a size of 323.72 BTC, worth $25.27 million. The ETH liquidation price is $2,288.33, and the BTC liquidation price is $70,325.36.