Whale Trader "pension-usdt.eth" Exits ETH Short Position After Shaking Out, Fully Closing $63 Million Position

BlockBeats News, January 8th, according to Coinbob Popular Address Monitoring, in the past 1 hour, the whale trader of margin trading, "pension-usdt.eth," has closed all of its 3x leveraged ETH short positions. The position size was approximately $63.5 million, with an average open price of $3,136 and a liquidation price of $4,547. This short position was opened on January 4th and experienced a maximum floating loss of approximately $3.4 million during the holding period. As the market fluctuated and turned the loss into a profit, the address chose to quickly close the position and exit.

The whale trader has been consistently profiting from swing trading, with a strategy focusing on low leverage and short durations (average holding period of about 23 hours) mainly trading BTC and ETH. Since October, the cumulative profit has exceeded $21 million. The address recently continued to redirect its accumulated substantial profits on Hyperliquid to the yield farming market. Currently, its total lending amount on AAVE has reached approximately $26.71 million.