The whale "pension-usdt.eth" took profit on BTC long positions, previously totaling approximately $67 million.

BTC-0,99%
ETH-2,92%
AAVE-4,62%

BlockBeats News, February 18 — According to Coinbob’s popular address monitoring, over the past 5 hours, the large whale “pension-usdt.eth” has fully closed its BTC long positions, recording a profit of approximately $505,000. This address transferred about $30 million to Hyperliquid early this morning, then during a short-term dip in BTC price, opened a position at an average price of $67,100, holding 1,000 BTC, worth about $67 million.

This whale’s strategy typically involves low leverage and short cycles (average holding around 30 hours), mainly trading BTC and ETH with heavy positions. Since October last year, it has accumulated profits of over $23 million. Recently, the address has been continuously shifting its substantial profits accumulated on Hyperliquid into interest-bearing markets. Currently, its total lending on AAVE has reached approximately $22 million.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Derivatives contract whale “sets 10 big targets first,” flipping a losing short position into a profit, with an unrealized gain of $1.968 million

According to on-chain analysts’ monitoring, the short position of the contract whale “first sets 10 major targets” has already generated a profit of $1.97M, holding 2,201.507 BTC shorts and 7,093 ETH shorts, with a total size of $173 million. The BTC stop-loss range is $73,000 to $73,500.

GateNews32m ago

Michael Saylor: Bitcoin may have already hit bottom, but quantum risks have been exaggerated

Strategy Executive Chairman Michael Saylor believes Bitcoin hit its bottom around $60,000 this February, because all forced sellers in the market have already exited. He said that the catalyst for the next bull market will be a bitcoin-based banking credit system, while he believes the threat from quantum computing is being exaggerated, and he pointed out that the technical community has enough time to deal with this threat.

MarketWhisper44m ago

Gold falls to $4,715, and the BTC volatility index drops sharply by 6.42%

On April 9, gold and silver prices fell slightly, and BVIX and EVIX showed that Bitcoin and Ethereum volatility declined. The U.S. dollar rose slightly against the Chinese yuan and the Japanese yen. The Euro 50 index rose, while stock indexes in the UK and Germany fell. WTI and Brent crude oil prices increased somewhat. The Gate platform integrates products from traditional financial markets, allowing users to trade a variety of assets conveniently.

GateNews1h ago

A whale shorts 288.69 BTC, with an unrealized profit of $209k at the moment

Gate News message: On April 9, according to Lookonchain monitoring, a whale previously closed out long positions at a loss and then shorted 288.69 BTC (worth $20.40 million). The position is currently up $209,000, with a liquidation price of $72,782.34.

GateNews1h ago
Comment
0/400
No comments