Whale "pension-usdt.eth" engages in a high-stakes long to short flip, netting a $93,000 profit in one hour

BlockBeats News, December 15th, according to Coinbob Popular Address Monitor, the whale "pension-usdt.eth" fully closed its approximately $88.8 million USD BTC short position one hour ago, realizing a profit of about $950,000 USD, and then opened a 3x leveraged BTC long position.

However, it has now reversed its strategy again, closing all long positions with a profit of $93,000 USD, and then opening a $31.97 million USD Bitcoin short position (3x leverage), with an entry price of $89,580.9 USD, a liquidation price of $172,666.7 USD, and a current unrealized profit of $33,000 USD.