A Whale Trader of a Certain Contract Reversed Longs and Tripled Down on Bitcoin Shorts, Reaching a Position Size of $28.44 Million

BlockBeats News, March 2nd, according to Hyperinsight monitoring, the contract whale pension-usdt.eth closed all its long positions when Bitcoin rose to $66,200, started to open short positions when it rose to $69,134, currently shorting 410 BTC with 3x leverage, position worth $28.44 million, liquidation price $147,679, entry price $69,334.

As of the time of writing, pension-usdt.eth is still actively increasing its short position.