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Ethereum Rises to $1,646, Bringing Whale’s 54,200 ETH Short Close to Liquidation

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2026-07-02 10:44:01
Ethereum (ETH) rose to $1,646.2, leaving a large short position held by a whale address close to its liquidation level.

According to Odaily, on-chain analyst Yu Jin tracked a whale (0x50b...9f20) that previously opened a short position of 54,200 ETH at an entry price of $1,541.3, with a liquidation price set at $1,674.4.

With ETH trading at $1,646.2, the position was $28 away from the liquidation price.
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