$ETH Keep an eye on the short side. On-chain, we can see the whale pension-usdt.eth is still stubbornly holding a short position of 50k ETH. The current value of this position is $93.30 million, and it’s currently floating at a loss of $8.31 million. However, he has deep pockets—his historical total profit and loss is still a gain of $35.60 million. It’s unclear whether this position will be continued to be held or whether he’ll close it. Watch what happens next, don’t blindly follow the crowd, and mind the risks.