A whale opened a 4x leveraged short position on 640 BTC, with the position valued at $49.33 million, after previously profiting over $10 million from a long ETH position

According to Lookonchain monitoring, a whale previously went long on ETH before the market rally and profited over $10 million. The whale is now shorting Bitcoin, having opened a 4x leveraged short position on 640 BTC worth $49.33 million.