Whale Trader "pension-usdt.eth" Implements Take-Profit on BTC Long Position and Initiates Short Position, Reaching $68.2M in Position Size

BlockBeats News, March 4th, according to Coinbob Popular Address Monitor data, early this morning, the "pension-usdt.eth" address (0x0ddf...) fully closed its 3x leveraged BTC long position opened yesterday, realizing a profit of about $346,000. The address then reversed to go short. It currently holds a 3x leveraged BTC short position with a position size of 1000 coins, equivalent to about $68.2 million, at an average price of $68,182.

The address often profits from swing trading, with a strategy focusing on low leverage, short periods (average holding of about 20 hours), and large positions mainly in BTC and ETH. Since October last year, its cumulative profit has exceeded $25.4 million.