Whale Trader "pension-usdt.eth" Exits ETH Short Position After Shaking Out, Fully Closing $63 Million Position

By: theblockbeats.news|2026/01/08 17:16:09
0
Share
copy

BlockBeats News, January 8th, according to Coinbob Popular Address Monitoring, in the past 1 hour, the whale trader of margin trading, "pension-usdt.eth," has closed all of its 3x leveraged ETH short positions. The position size was approximately $63.5 million, with an average open price of $3,136 and a liquidation price of $4,547. This short position was opened on January 4th and experienced a maximum floating loss of approximately $3.4 million during the holding period. As the market fluctuated and turned the loss into a profit, the address chose to quickly close the position and exit.

The whale trader has been consistently profiting from swing trading, with a strategy focusing on low leverage and short durations (average holding period of about 23 hours) mainly trading BTC and ETH. Since October, the cumulative profit has exceeded $21 million. The address recently continued to redirect its accumulated substantial profits on Hyperliquid to the yield farming market. Currently, its total lending amount on AAVE has reached approximately $26.71 million.

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com