A whale, "pension-usdt.eth", closed its long BTC positions, which had previously totaled $67 million.

According to Mars Finance, on March 2nd, Coinbob's monitoring of popular addresses showed that last night, the whale"pension-usdt.eth" continuously closed its long positions after BTC briefly surged past $67,000, accumulating a profit of approximately $460,000. This address previously held positions at an average price of approximately $66,800, making it the largest long position in BTC on-chain. Furthermore, it attempted to long on BTC again this morning, but quickly closed its positions before reaching $7 million. This whale strategy typically uses low leverage and short-term (average holding time of approximately 30 hours) to heavily leverage BTC and ETH in pursuit of stable swing trading profits, accumulating over $24 million in profits since October of last year.