According to LookIntoChain monitoring, the ETH whale pension-usdt.eth executed a long-to-short move this morning, shorting 20,000 ETH with 3x leverage. The entry price was $2,921, and the liquidation threshold sits at $4,832. Data show this address typically engages in short-term swing trading with modest leverage, maintaining full exposure across BTC and ETH and averaging roughly 20 hours per cycle. Over the past 30 days, the activity has generated an estimated profit of $13.87 million. Traders should weigh risk-reward considerations in high-leverage strategies as liquidity dynamics evolve. This development highlights ongoing whale-driven pressure in the ETH market and will require real-time verification as conditions shift.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-pension-usdt-eth-shorts-20000-eth-with-3x-leverage-entry-2921-liquidation-4832
