Whale Trader "pension-usdt.eth" Takes Profit on Half of BTC Short Position, Turns Around to Increase ETH Short Position to $61.4M

BlockBeats News, March 23rd, according to Coinbob Popular Address Monitoring, in the past 4 hours, the "pension-usdt.eth" address (0x0ddf...) turned a BTC short position from loss to profit, then continued to reduce the position for profit-taking, reducing the position size from $67.5 million to $33.9 million, with the remaining position still holding a profit of about $500,000.

The profit-taking margin released was entirely transferred to the ETH short position, which is still in an unrealized loss, continuously averaging the cost. The ETH short position size increased significantly from $20.3 million to $61.4 million, with an average price of $2034, currently experiencing an unrealized loss of about $440,000. Through this round of repositioning, the address is now the largest short seller of BTC and ETH on Hyperliquid.

This address often profits from swing trading, with a strategy focusing on low leverage, short cycles (average holding period of about 20 hours), and large positions in BTC and ETH. Since October last year, its cumulative profit has exceeded $27.8 million.