According to on-chain analytics platform Lookonchain, trader pension-usdt.eth has closed their entire short position of 60,000 ETH, worth approximately $100 million at the time of execution, locking in profits of about $5.8 million. This marks the 23rd consecutive profitable trade for this trader, with total accumulated profits exceeding $41 million.
Whale pension-usdt.eth closes 60,000 ETH short position, locking in a $5.8M profit
TechFlowShare
Summary
Whale pension-usdt.eth closed a 60,000 ETH short position, locking in a $5.8M profit. The trade involved an initial $100M ETH short at its peak. The trader has now executed 23 consecutive profitable trades, with total gains exceeding $41M. Strategic position sizing was critical in managing risk and maximizing returns.
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