Whale Trader "pension-usdt.eth" Liquidates BTC Long Position, Previously Valued at $67 Million

BlockBeats News, March 2nd. According to Coinbob Popular Address Monitor, last night, the whale "pension-usdt.eth" in the BTC market, after a short-term surge surpassing $67,000, continuously closed long positions. After fully closing the positions, the total profit amounted to approximately $460,000. The average holding price of this address was around $66,800, making it the largest on-chain BTC bull. Furthermore, this morning it attempted to long BTC again, but quickly exited the position before reaching a $7 million position size.

This whale often employs a low leverage, short-term (average holding of about 30 hours) heavy position strategy in BTC and ETH to pursue stable swing profits. Since October last year, the accumulated profit has exceeded $24 million.