As reported by PANews, a major crypto trader known as pension-usdt.eth closed their ETH short position one hour ago, incurring a $3.4 million loss, according to Lookonchain monitoring. The trader has completed approximately 70 trades with an 83% win rate and total profits of $21.84 million.
Crypto Trader pension-usdt.eth Closes ETH Short Position with $3.4M Loss
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Summary
A major crypto trader, pension-usdt.eth, recently closed an ETH short position with a $3.4M loss, per Lookonchain. The move comes after the trader executed around 70 position trading setups, achieving an 83% win rate and $21.84M in total gains. Position sizing played a key role in managing risk across trades. The loss highlights the volatility in ETH markets despite a strong overall performance.
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