Whale Trader "pension-usdt.eth" completed its position with an average price of $67,522, currently holding a long position in BTC with a size of $66.5 million
BlockBeats News, March 3rd, according to Coinbob Popular Address Monitor, in the past 1 hour, the "pension-usdt.eth" address (0x0ddf...) continued to add to its long position after Bitcoin fell below $68,000, and has now completed a 3x leveraged Bitcoin long position. The position size has reached $66.5 million, with an average price of $67,522, and is currently experiencing a floating loss of $1.08 million (-4.8%). It is now the largest on-chain Bitcoin long position whale.
This address often profits from swing trading, with a strategy focused on low leverage, short periods (average holding period of about 20 hours), and large positions in Bitcoin and Ethereum. Since October last year, its cumulative profit has exceeded $24 million, with a $5.2 million profit in the past 7 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets

South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
