ETH’s rebound toward the whale’s liquidation zone near $2,150 puts its short at risk of over $1 million in potential losses.

A trader known as “0x50b3” initiated a $100M+ 23x leveraged short on Ethereum amid rising tension in the Ethereum ecosystem.

ETH’s rebound toward the whale’s liquidation zone near $2,150 puts its short at risk of over $1 million in potential losses.