An Ethereum whale amplifies its bearish exposure despite market recoveries

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An important Ethereum chain address, identified as ‘pension-usdt.eth’, significantly increased its ETH borrowing position on February 6th, demonstrating a short quote in the context of a global bullish market. Chain monitoring tools, including HyperInsight and BlockBeats analyses, highlighted this deliberately contrarian strategy to market movements.

Updated data reveal that this whale maintains a tenfold short exposure, totaling $53.73 million, with a reserve of 27,104 locked ETH tokens. This short quote movement, carried out during a phase of recovery in traditional financial markets, suggests a different anticipation of Ethereum prices compared to the overall observed trends.

ETH-2.28%
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