The short position of the swing trading whale"pension-usdt.eth" on ETH has risen to $63 million.

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On January 5th, according to OnchainLens monitoring, a whale identified as "pension-usdt.eth" increased its ETH short positions to $63 million, with an average opening price of $3,136 and a liquidation price of $4,545. 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 of this position 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.

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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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