"pension-usdt.eth" BTC long position was fully closed after turning profitable in a short period, previously totaling approximately $68.6 million.

BTC-0,39%
ETH0,32%

BlockBeats news, February 26 — According to Coinbob’s hot address monitoring, in the past half hour, the large whale “pension-usdt.eth” has fully closed its BTC long position of approximately $68.6 million, realizing a profit of about $590,000.

This long position was opened three days ago, with an entry price of around $67,900. After opening, the market briefly declined, causing the address to be in floating loss, with a peak loss of over $3 million. As BTC continued to rise sharply in a short period, its position turned profitable. The address quickly closed the position to lock in profits.

This whale’s strategy typically involves low leverage and short-term heavy trading (average holding around 30 hours) in BTC and ETH. Since October last year, its cumulative profit has exceeded $24 million.

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