According to ChainCatcher, on-chain data monitoring shows that the whale address “pension-usdt.eth” has reopened a 3x leveraged ETH short position after fully closing its Ethereum short position yesterday. The new move marks another short-side position by the same address following the complete exit from its previous ETH short.
Current ETH Short Position Is Valued at About $1.5 Million
The monitoring data shows that “pension-usdt.eth” currently holds a position of 871.3249 ETH. The position is valued at approximately $1.5 million, and the reported return on investment stands at 0.25%. The key details in the latest update are the address involved, the reopening of the ETH short, the 3x leverage used, the size of the position, and its current ROI.
In on-chain tracking, a whale generally refers to an address associated with relatively large holdings or trades, while a short position reflects a trade direction based on a decline in the asset’s price. In this case, the address “pension-usdt.eth” has again taken a leveraged short position tied to ETH, keeping its Ethereum-related activity visible through on-chain monitoring.