Crypto Whale 0x50b30 Expands $53.9M BTC Short, Increases ETH Long Position with High Leverage
On January 5, crypto whale address 0x50b30 sharply expanded its Bitcoin (BTC) short to 583.76 BTC (about $53.9 million) using 20x leverage, according to Hyperinsight. The position, entered at an average of $92,434.8, shows an unrealized profit of roughly $86,000. At the same time, the address increased its Ethereum (ETH) long to 3,130.39 ETH (around $9.85 million) with 14x leverage, currently carrying an unrealized loss of $118,000, reflecting a highly leveraged and mixed directional trading strategy.