Crypto Whale Opens Large Leveraged Bitcoin, Ethereum and Dogecoin Positions

Blockchain analytics accounts Lookonchain and Onchain Lens reported large leveraged crypto positions tied to a whale identified as 0x50b3. Lookonchain said that on May 17 the trader opened a 25x leveraged short on 23,151 ETH worth $50.55 million and a 20x leveraged long on 323.72 BTC valued at $25.27 million. Onchain Lens separately reported 20x leveraged long positions in 1,182 BTC and 4,600 ETH, plus a 10x leveraged long in 19.47 million DOGE. The reports indicate aggressive, high-risk directional bets across major digital assets, but they conflict on the size and direction of the Ethereum position and on the Bitcoin exposure.

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