BlockBeats report, March 2: According to Coinbob's Popular Address Monitoring, last night, the swing whale 'pension-usdt.eth' continuously closed long positions after BTC briefly surged past $67,000, accumulating a total profit of approximately $460,000 upon full closure. This address previously held positions at an average price of around $66,800, making it the largest long position on-chain for BTC. Additionally, this address attempted to re-enter a long position in BTC this morning, but quickly closed out before building a position exceeding $7 million.
This whale strategy typically takes large positions in BTC and ETH with low leverage and short holding periods (average of about 30 hours) to pursue consistent swing profits, accumulating over $24 million in profits since October last year.