According to ChainCatcher, market sources indicate that the whale "pension-usdt.eth" has opened a 3x leveraged BTC long position of 1,000 BTC (worth $95 million) after liquidating ETH long positions and making a profit of $739,432.
Whale 'pension-usdt.eth' Opens $95M BTC Long Position After Profiting from ETH Liquidation
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Summary
Whale "pension-usdt.eth" has opened a 3x BTC long position of 1,000 BTC ($95 million) after earning $739,432 from ETH liquidation. This move aligns with a position trading strategy, as the whale shifts exposure from ETH to BTC. Long-term investing appears to be a key focus, with the whale building a significant leveraged stake in Bitcoin.
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