PANews, March 23: According to Onchain Lens, the Ethereum and Bitcoin 3x leveraged short trading address “pension-usdt.eth” increased its ETH (3x) short position by 20,000 ETH while reducing its BTC (3x) position by 500 BTC. The address currently holds a 30,000 ETH short position with a notional value of approximately $61.3 million and a 500 BTC short position with a notional value of approximately $34.16 million, resulting in an overall unrealized profit of nearly $28 million.
Whale 'pension-usdt.eth' Adds 20,000 ETH to 3x Short Position
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Summary
The whale 'pension-usdt.eth' added 20,000 ETH to its 3x short position in position trading, while reducing its BTC (3x) short by 500. The ETH short position now totals 30,000 ETH, valued at $61.3 million, with the BTC short at 500, valued at $34.16 million. Floating profit is approximately $28 million. The position sizing adjustments indicate a clear strategic shift in focus toward Ethereum.
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