According to on-chain analytics platform Lookonchain (@lookonchain), the well-known trader pension-usdt.eth currently holds short positions of 1,000 BTC (approximately $77.5 million) and 20,000 ETH (approximately $48.7 million). Due to the recent market rebound, these short positions have incurred unrealized losses exceeding $15.5 million, causing the account’s total profit to plummet from $33.28 million to $14.98 million—nearly halved. This trader previously achieved a 20-trade winning streak with a win rate above 85%.
Pension-usdt.eth's short positions lose over $15.5 million amid market rally
TechFlowShare
Summary
The ETH market update shows that pension-usdt.eth’s short positions lost over $15.5 million during the recent rally. The trader holds short positions of 1,000 BTC and 20,000 ETH, valued at approximately $126.2 million. Profits declined from $33.28 million to $14.98 million as ETH analysis indicates the market rebound negatively impacted short sellers. Prior to this downturn, the trader had a 20-trade winning streak with an 85% win rate.
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