Whale "pension-usdt.eth" is liquidating a position: closed 30,000 ETH and withdrew $26.7 million

robot
Abstract generation in progress

In recent hours, the popular whale address “pension-usdt.eth” has made significant changes to its wallet. According to Coinbob monitoring, the trader closed their entire short position on ETH, settling a total of 30,000 tokens, with a market value of approximately $88 million.

Loss and Withdrawal of Funds

The liquidation operation resulted in a loss of around $285,000. Almost simultaneously, the whale address transferred all funds from the contract account – a total of $26.743 million – and then zeroed out its balance.

Who is “pension-usdt.eth”?

This address belongs to a major market player with capital exceeding $30 million. It is known for advanced high-frequency trading strategies, where it skillfully exploits price fluctuations. The whale’s portfolio shows impressive metrics: a cumulative historical profit of $10.23 million USDC and a total trading volume exceeding $4.5 billion.

The decision to close the position and withdraw capital suggests a change in tactics or profit-taking after a period of intensive trading activity.

ETH-0,84%
USDC-0,01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)