According to Mars Finance, on February 20th, Coinbob's monitoring of popular addresses showed that in the past half hour, the whale"pension-usdt.eth" closed all its BTC long positions, recording a profit of approximately $994,000, with an average closing price of approximately $68,000. This address opened its positions yesterday evening when the BTC price was around $66,500, holding 1,000 BTC, equivalent to approximately $68 million. This whale strategy typically involves low leverage and short-term (average holding time of approximately 30 hours) heavy trading in BTC and ETH, accumulating profits exceeding $23 million since October of last year. Recently, this address has been continuously channeling its substantial profits accumulated on Hyperliquid into the interest-bearing market. Currently, its cumulative lending amount on AAVE has reached approximately $22 million.
The swing whale"pension-usdt.eth" closed its long BTC position to take profit, earning approximately $1 million in daily 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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