According to Lookonchain, wallet 0x8c58 is short ETH at 20x leverage and is currently down over $26 million, source: Lookonchain on X. According to Lookonchain, the position will be liquidated if ETH reaches $5,002.3 unless additional margin is added in time, source: Lookonchain on X. According to Lookonchain, $5,002.3 is the identified liquidation threshold for this account, making it a key ETH price level to watch, source: Lookonchain on X.