The Ethereum market’s largest known short position is currently held by the wallet "pension-usdt.eth," according to on-chain tracking data cited by BlockBeats on July 19. Monitoring platform Onchain Lens said the address is holding a short position of 50,000 ETH, with the position valued at about $93.3 million. At current levels, the trade is showing an unrealized loss of roughly $8.31 million.
The same data shows that despite the current drawdown, the whale has accumulated $35.6 million in historical profit. The report did not provide additional details on the timing of the position or the entry price. The figures were presented as a snapshot of the wallet’s standing at the time of monitoring.
BlockBeats reported on July 19, citing monitoring data from Onchain Lens, that the largest known ETH short seller, "pension-usdt.eth," is holding a 50,000 ETH short position valued at about $93.3 million.
The position is currently showing an unrealized loss of around $8.31 million. Onchain data cited in the report also showed that the whale has generated $35.6 million in cumulative historical profit.
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