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Crypto whale pension-usdt.eth takes a $2.5M long position in crude oil, marking first entry into traditional assets.

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The crypto whale 'pension-usdt.eth' (0x0ddf...) has taken a $2.5M long position in crude oil, marking its first entry into real-world assets. The address has been building a 2x leveraged CL position near $87, adding 10,000 contracts ($830K) at $83.5 in the past hour. The average entry price is $84.7, with a floating profit of $1,500. Known for value investing in crypto and position trading in BTC and ETH, the address remains the largest on-chain BTC short.

Odaily Planet Daily report: The whale specializing in crypto swing trading, "pension-usdt.eth" (0x0ddf…), has expanded its trading activities into traditional assets. Last night, this address steadily accumulated long positions in CL (crude oil) around $87. Today, within the past hour, it added another 10,000 contracts (approximately $830,000) at a price of $83.50.

At this point, its 2x leveraged CL long position has reached $2.54 million at an average price of $84.70, with a current unrealized profit of $1,500. This address has historically focused on large-position swing trades in BTC and ETH and remains the largest on-chain BTC short. This crude oil long position marks its first foray into the RWA traditional asset space.

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