One Whale closes $63.5 million ETH short position: From unrealized loss to turnaround, how short-term experts leverage the market

RumbleValidator · 2026-01-08T08:50:12+00:00

In the past hour, trader pension-usdt.eth closed a $63.5 million 3x leveraged ETH short position, earning over $3.4 million. Using a short-term low-leverage trading strategy, they have accumulated over $21 million in profits since October and transferred part of the profits to AAVE for long-term gains, demonstrating a stable trading style.

RumbleValidator

2026-01-08 08:50:12

Abstract generation in progress

【BlockBeats】An interesting position change occurred in the past hour—trader “pension-usdt.eth” quickly closed their 3x leveraged ETH short position.

The numbers are impressive: a position size of $63.5 million, an opening average price of $3,136, and a liquidation price at $4,547. Since establishing this short on January 4, it experienced an unrealized loss of about $3.4 million, but with market fluctuations, it ultimately turned profitable. Knowing when to take profits, this address decisively exited the position.

Interestingly, this whale’s trading style is quite meticulous. Instead of aggressive tactics, it relies on low leverage and short-term swing trading to steadily make profits—holding each position for an average of only about 23 hours. The main trading pairs are BTC and ETH. How effective is this approach? Since October, the cumulative profit has exceeded $21 million.

Even more interesting, this trader didn’t lock in profits but recently shifted the gains accumulated on Hyperliquid into yield-bearing markets. Currently, the total lending amount on AAVE has reached approximately $26.7 million, indicating a search for more diversified income sources.

This kind of trading logic is quite common: short-term swing accumulation of principal, then moving profits into yield platforms for long-term gains. Not aggressive, but stable.

ETH0,26%

BTC-0,14%

AAVE-1,34%

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GasFeeSobber

· 01-08 15:25

$63.5 million short position turns profitable; this guy really has some skills. I just admire this kind of mindset of taking profits when the time is right.

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SchrodingerGas

· 01-08 09:20

Honestly, this low leverage short-term holding strategy is actually about avoiding liquidity risk. From a game theory perspective, it’s about rational expectations at work. The 23-hour cycle data is quite interesting, it feels like exploiting the market microstructure's non-equilibrium state. I'm not surprised about the 21 million cap; the key is that he didn't fall into the dead cycle of the leverage trap.

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ParallelChainMaxi

· 01-08 09:18

This whale has truly figured it out. Using low leverage and short cycles to steadily harvest profits is much better than those leverage monsters chasing excitement.

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FOMOSapien

· 01-08 09:17

Low leverage swing trading is the way to go. This guy is steady, making 21 million in 23 hours for a cycle. Now that's what I call a true short-term expert.

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degenwhisperer

· 01-08 09:13

63.5 million dollars in short positions were closed with a reverse trade, this guy is really steady... 23 hours for one position, 21 million USD in revenue, and I have been losing money for the past two months.

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RugPullAlarm

· 01-08 09:08

$63.5 million short position turns profitable? I need to investigate the fund flow of this address. An average holding period of 23 hours, $21 million profit since October... The data is too clean. Is this a true swing trader or is there some other inside information? I need to pull up the data to verify the historical transactions of this pension address and not be fooled by the surface numbers.

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