23 consecutive wins "ETH Grim Reaper" has added to his position, will you follow?

The address pension-usdt.eth, labeled as "ETH's biggest bear," increased its short position from 30k to 50k ETH. Valued at $85.28 million, with an opening average price of $1,734, currently with a floating profit of over $1.43 million.

At the same time, another whale opened a new short of 23,000 ETH, with an average price of $1,724. The opening prices of both addresses are very close, highly likely to be the same entity continuously adding to their position.

Not finished yet. A new address deposited 6.68 million USDT into Hyperliquid, using 20x leverage to short BTC, ETH, and SOL simultaneously.

Three groups of shorts are concentrated in the same price range—coincidence or a trap?

Who is pension? — The "ETH Grim Reaper" with 23 consecutive wins

Since April, it has been continuously shorting BTC, enduring a floating loss of $16 million, and finally closed with a profit of $3.56 million. After closing the BTC short on June 3, it switched to ETH, opening a short of 50k ETH, with a floating profit of over $4.5 million. On June 18, it took partial profit, closing 11.7k ETH for $20.47 million. On June 19, it closed all positions, with a single profit of $5.8 million, and a total profit exceeding $41.68 million.

On June 21, it reopened a short of 26.5k ETH, with orders indicating further position increases.

From BTC to ETH, from floating loss to profit, 23 operations, all successful.

Signal 1: ETF net outflows for 6 consecutive weeks

Last week, ETH spot ETF saw a net outflow of $10.05 million. Grayscale Ethereum Trust withdrew $8.82 million in a single week. Institutional funds continue to retreat, with no new capital entering.

Signal 2: On-chain selling pressure accumulating

A whale borrowed and sold over 40k ETH through Aave.

Signal 3: Technical breakdown across the board

ETH current price is about $1,726, well below the 50-day, 100-day, and 200-day EMAs (approximately $1,911, $2,073, and $2,338). Once $1,700 is lost, the next support levels are at $1,620 and even $1,500.

ETFs are selling off, whales are dumping, all moving averages are broken—shorts hold all Aces.

If ETH drops below $1,650, the liquidation scale of long positions on major CEXs could reach $627 million. If it rises above $1,813, short liquidations could reach $491 million.

Pension’s 50k ETH short position, if the price reverses and rises above $1,800, could trigger a liquidation of $85 million—enough to push the price skyward.

Pension’s win rate is evident; 23 consecutive wins are no luck. But he’s not a god—on June 16, when ETH rebounded, he once gave back $5.9 million in floating profit. He can withstand volatility, can you? #我的Gate交易时刻 #美伊谈判第一轮结束 #TradFiCFD黄金大师赛 $BTC $ETH $SOL