Whale Trader "pension-usdt.eth" Faces over $6.5M in Unrealized Losses on 1000 BTC Long Position

BlockBeats News, January 21st, according to Hyperinsight monitoring, as Bitcoin fell below $88,000 this morning, the leveraged long position of the whale "pension-usdt.eth" with 3x leverage of 1,000 BTC (about $89.09 million) was already at a loss of $6.54 million, with an average entry price of $95,614.5.

pension-usdt.eth took profit and closed its ETH long position on January 16th, then immediately switched to longing BTC.