ChainCatcher reported, citing Lookonchain monitoring, that the whale “pension-usdt.eth” has closed its Ethereum short position involving 60,000 ETH. The closed position generated a profit of $5.8 million, according to the monitoring update.
The disclosed information focuses on three data points: the size of the short position, the profit from this specific close, and the whale’s cumulative trading record. The input did not provide the entry price, closing price, or trading venue for the position.
At the time of the monitoring update, “pension-usdt.eth” had recorded 23 consecutive winning trades, with total profit reaching $41 million. The $5.8 million figure refers to the latest closed Ethereum short, while the $41 million figure refers to cumulative profit reported for the whale.