Whale Address 0x50b Adds 7,708.58 ETH Long Position Worth $25.648M

Whale address 0x50b increased its ETH long exposure by 7,708.58 ETH over the past 2 hours, bringing its 14x leveraged position to roughly $25.648M with an average entry of $3,333.64, Hyperinsight data show. The position currently shows an unrealized loss of about $49,700 or -2.71% at a mark price near $3,327.3, with liquidation at $2,770.53. BlockBeats reports the address previously opened a short BTC position and briefly became the largest on-chain BTC short holder.