Whale 'pension-usdt.eth' Takes Profits on $67M BTC Position, Earning $505K

iconKuCoinFlash
Share
AI summary iconSummary

BlockBeats report, February 18: According to Coinbob Popular Address Monitoring, over the past five hours, the swing whale 'pension-usdt.eth' has closed all its BTC long positions, realizing a profit of approximately $505,000. Earlier today, this address transferred about $30 million to Hyperliquid, then established a position of 1,000 BTC—valued at approximately $67 million— at an average price of $67,100 during a brief dip in BTC price.


This whale strategy primarily involves heavy positions in BTC and ETH with low leverage and short holding periods (average around 30 hours), generating cumulative profits exceeding $23 million since October last year. Recently, this address has consistently redirected its substantial profits accumulated on Hyperliquid into yield-generating markets; its cumulative lending amount on AAVE has now reached approximately $22 million.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.