Whale pension-usdt.eth closes Short ETH, profiting $2.8 million.

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Pension - USDT closed all Short ETH orders with 3x leverage after taking profits, recording a profit of $2.75 million.

This activity was recorded via Onchain Lens monitoring on January 8th, showing that the address continued to realize profits after a chain of transactions. To date, the wallet's total accumulated profit has reached $22.3 million.

MAIN CONTENT
  • pension - USDT closed all Short ETH positions with 3x leverage after making a profit.
  • The final profit for this transaction is $2.75 million.
  • Total accumulated profit to date: $22.3 million.

Trading activity: Closed Short ETH at 3x and secured $2.75 million.

According to on- chain tracking data, the address ETH USDT closed all Short ETH positions using 3x leverage after reaching a profit.

The event was recorded by Onchain Lens on January 8th. The result of the position closure was a locked wallet with profits of $2.75 million. The announcement did not specify the position size, entry/exit prices, or opening times, but confirmed that all Short ETH 3x positions had been closed.

Closing a full Short typically means the trader has ended a cycle of betting on a decline in ETH. In this case, the closing action includes profit recognition, indicating that the Short position has been managed to take profit rather than maintain the risk of volatility.

Total accumulated profits of the wallet: $22.3 million

As of the time of this report, pension - USDT has accumulated total profits of $22.3 million.

The figure of $22.3 million reflects the overall performance of this address to date, after adding the latest profit-taking of $2.75 million. The record does not provide the number of transactions, assets other than ETH, or profit percentages for each period; the data is presented as an aggregate of historical profit.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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