According to ChainCatcher, on-chain monitoring shows that the whale address “pension-usdt.eth” has opened a new ETH short position shortly after fully closing its Ethereum short position yesterday. The latest position is built with 3x leverage and currently holds 871.3249 ETH, with a total position value of approximately $1.5 million.
ETH short reopened after yesterday’s full close
The disclosed on-chain data shows that the current return on investment for the newly opened ETH short is 0.25%. The sequence indicates two consecutive position changes by the same address within a short period: a full close of the previous Ethereum short yesterday, followed by a new 3x leveraged ETH short. The report did not include the entry price, margin size, or trading venue for the position.
In on-chain reporting, the term “whale” generally refers to a wallet or address associated with large asset holdings or sizable transactions. A leveraged short position represents exposure in the bearish direction using leverage. The key details in this update are the address name pension-usdt.eth, the 3x leverage level, the 871.3249 ETH position size, the approximately $1.5 million position value, and the 0.25% ROI.