On January 4th, according to Coinbob's monitoring of popular addresses , a whale identified as "pension-usdt.eth" transferred $30 million to a Hyperliquid contract account and subsequently opened a short position in ETH with 3x leverage. The current position size has reached $53 million, with an average price of $3,137 and a liquidation price of $4,814. As of press time, the whale is still adding to its position. This address had previously significantly reduced its ETH short positions and liquidated them the previous week. Based on its holdings over the past few months, the current size may still exceed $80 million.
According to further monitoring, this whale profited approximately $1 million in the past 30 days through swing trading on Hyperliquid. Its strategy primarily involved low leverage and short-term (average holding time of approximately 23 hours) trading of BTC and ETH, accumulating profits exceeding $21 million since October. This address has recently been channeling its substantial profits from Hyperliquid into the interest-bearing market. Currently, its cumulative lending amount on AAVE has reached approximately $26.71 million.
