The choice of pension-usdt.eth to cut 25,000 ETH short amid the market uptrend

2026-01-20 10:50:34

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As the market advances toward new highs, the well-known trader pension-usdt.eth has decided to close his short position covering 25,000 ETH ( worth approximately 75 million US dollars ). This decision resulted in a realized loss of 2.1 million US dollars.

This move ended a streak of 12 consecutive successful trades by the trader, but it did not diminish his overall performance on the Hyperliquid platform. According to tracking data from Lookonchain, pension-usdt.eth’s cumulative gains on the platform remain solid at 23.9 million US dollars, demonstrating a strong track record even amidst market volatility.

This step represents a strategic adjustment in response to rising market momentum, where risk management has become a priority over continuing a contrarian position.

ETH1,48%

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