Whale Address 0x50b30 Opens 20x Short on 798.73 BTC and 18x Long on 5,626.42 ETH with $240,000 Unrealized Loss

Hyperinsight data show whale address 0x50b30 opened a 20x leveraged short position on 798.73 BTC, worth about $70.72 million, on Dec. 31. The address also established an 18x leveraged long position on 5,626.42 ETH, valued at roughly $16.71 million. Combined positions currently show an unrealized loss of $240,000.