The whale "pension-usdt.eth" closed their BTC long position for profit and then reversed to short, with a position size of $68.2 million.

ETH1,35%
BTC1,1%

BlockBeats News, March 4 — According to Coinbob’s popular address monitoring, early this morning, the address “pension-usdt.eth” (0x0ddf…) completely closed its BTC long position with 3x leverage that was opened yesterday, recording a profit of approximately $346,000, then reversed to short. Currently, it holds a 3x leveraged BTC short position with a size of 1,000 coins, worth about $68.2 million, with an average price of $68,182.

This address often profits through swing trading, mainly using low leverage, short-term cycles (average holding about 20 hours), and large positions in BTC and ETH. Since October last year, its total profit has exceeded $25.4 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin steadies above $71,000 as oil falls below $100 after U.S. drafts 15‑point Iran peace plan

The essay discusses a 15-point peace plan aimed at resolving the U.S.-Israel-Iran conflict, reflecting positive market responses like a stable Bitcoin price. It also highlights fluctuating oil prices and their potential impact on inflation and financial markets, emphasizing uncertainty about the plan's effectiveness.

CoinDesk45m ago
Comment
0/400
No comments