Whale Trader "pension-usdt.eth" Takes Profit on $64M ETH Short, Daily Profit Reaches $3.4M
BlockBeats News, February 5th, according to Coinbob Popular Address Monitor data, at 1 am today, during a continuous drop in ETH price, the DeFi whale "pension-usdt.eth" closed all of its 30,000 ETH short positions. The position, with a previous size of about $64 million, was closed at an average price of around $2,134, resulting in a profit of $3.44 million in the past 24 hours.
This whale often employs a low-leverage, short-term (average holding period of about 30 hours) heavy trading strategy mainly focused on BTC and ETH. Since October last year, the cumulative profit has exceeded $23 million. The address has recently been consistently transferring its accumulated substantial profits on Hyperliquid to the yield market. Currently, its total lending on AAVE has reached around $22 million.
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