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Whale Trader "pension-usdt.eth" Bets on the Rebound by Longing BTC, Holding a Position Worth $85 Million
BlockBeats News, December 19th, according to Coinbob Popular Address Monitor data, in the past 7 hours, a whale newly opened a 3x leveraged BTC long position under the label "pension-usdt.eth," with a position size of 1000 coins, equivalent to approximately $85 million. The average entry price was $86,300, with an unrealized loss of $1.08 million (-3.8%). On the 17th, this address had closed a leveraged ETH short position at a loss of approximately $2.09 million, ending its 13 consecutive winning streak.
According to monitoring, this address often engages in short-term arbitrage trading with low leverage and full positions in BTC, ETH, and other major coins. The average holding period is about 20 hours, with a profit of approximately $17.46 million in the last 30 days and a profit of $8.54 million since December.
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