ChainCatcher reported, citing on-chain monitoring data, that the whale address “pension-usdt.eth” has reopened a 3x leveraged ETH short position after fully closing its Ethereum short position yesterday. The current position holds 871.3249 ETH, with an estimated position value of approximately $1.5 million and a reported return on investment of 0.25%.
In on-chain reporting, a “whale” generally refers to an address associated with large holdings or sizable trading activity. The update records a sequence of position changes by this address: it closed all of its previous Ethereum short exposure yesterday and has now established a new ETH short position using 3x leverage.
The disclosed data only includes the direction of the position, leverage level, ETH amount held, estimated value, and current ROI. It does not provide additional details such as the entry price, margin size, liquidation price, or trading venue. A short position represents exposure in the downward direction, while closing a short means the earlier position has been exited.