Bitcoin OG expands ETH long position to $392M

A Bitcoin OG, identified as 1011short, is expanding an ETH long position, according to Lookonchain. The investor now holds a 5x leveraged long position of 120,094 ETH, worth $392 million. The position has an entry price of $3,265.90 and a liquidation price of $2,234.69, and is currently showing an unrealized loss of $218,000.