According to ChainCatcher, on-chain data monitoring shows that the whale address “pension-usdt.eth” has reopened a 3x leveraged short position on ETH. The move came after the same whale fully closed its Ethereum short position yesterday.
The newly opened position currently holds 871.3249 ETH, with a position value of approximately $1.5 million. The reported return on investment stands at 0.25%. The monitoring data provided only includes the address, the direction of the position, the leverage level, the amount held, the approximate position value, and the current ROI.
In crypto market reporting, the term “whale” generally refers to an address with a relatively large holding or trading size. Because such positions can be observed through on-chain monitoring, changes in their positions are often reported as part of whale activity. This update focuses specifically on pension-usdt.eth reopening an Ethereum short position after having closed its previous ETH shorts.