Bitcoin OG adds $50M to leveraged ETH long position

A Bitcoin OG, identified by the address "1011short," has deposited an additional 50 million USDC into Hyperliquid to expand a five-times leveraged long position on ETH, according to Onchain-Lenz. The total position is valued at 80,985 ETH with an entry price of $3,108 and a liquidation price of $1,653. The position is currently showing an unrealized profit of $16.9 million.