Onchain Lens monitoring reveals a whale has opened a 10x leveraged short on 21,948 ETH, with a nominal value of around $44 million. The liquidation price is $2,339.76; if ETH rises above this level, the position will be forcibly closed, resulting in total principal loss. This high-risk, high-leverage trade amplifies both potential gains and the proximity to liquidation. Such a large short indicates a strong bearish view on Ethereum's near-term performance. The on-chain data platform tracked the transaction, highlighting the whale's sizable market move.
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