Whales make money, it's as easy as drinking water.


On June 19, according to OnchainLens monitoring, the giant whale address "pension-usdt.eth" has fully closed its ETH short position, realizing a profit of about 5.8 million USD.
The total profit of this address has exceeded 41.68 million USD, making it one of the most prominent traders on the chain.
During months of ETH swing trading, pension-usdt.eth's strategy showed rapid switching between long and short positions, and this year it has repeatedly established and closed ETH short positions with 3x leverage within the 2,000 to 3,000 USD range.
The recent clearing of ETH short positions is a continuation of its series of short trades since January and April.
Notably, after closing ETH short positions for a profit of 1.34 million USD on May 27, the address's holdings shifted to a 3x short position of 1,000 BTC, which is currently at a floating loss.
Exiting all ETH short positions this time may indicate that its risk exposure is shifting focus to BTC, or it could impact the short-term market sentiment and capital flow of mainstream cryptocurrencies. $ETH
{spot}(ETHUSDT)
ETH-3.13%
BTC-2.39%
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