According to @OnchainLens, whale wallet 0x218A deposited $5.5M USDC to increase margin on a 10x ETH short, bringing the position value to $68M with 21,820.69 ETH exposure and a stated liquidation price of $3,565.94, source: @OnchainLens. For traders, the reported $3,565.94 level is the liquidation threshold for this account’s short, and the $68M notional indicates significant on-chain bearish exposure to ETH price action to monitor, source: @OnchainLens.