ChainCatcher reported, citing monitoring by Onchain Lens, that the whale “pension-usdt.eth” has increased its 3x ETH short position to 50,000 ETH. According to the disclosed monitoring data, the position is valued at $85.28 million and currently carries more than $1.43 million in unrealized profit.
A short position generally refers to a trading direction that benefits when the underlying asset declines in price, while “3x” indicates the use of three-times leverage. In this case, the monitored position is centered on ETH, and the reported change is that pension-usdt.eth has expanded the size of the short exposure to 50,000 ETH.
The on-chain monitoring update focuses on three figures: the position size of 50,000 ETH, the stated value of $85.28 million, and unrealized profit exceeding $1.43 million. The report did not provide the opening time, entry price, or further adjustment details for the position.