Whale Pension Opens 3x Short on 26,499 ETH Worth About $46 Million

Whale Pension Opens 3x Short on 26,499 ETH Worth About $46 Million

N
News Editor
2026-06-21 02:35:42
Onchain Lens reported that whale address pension-usdt.eth opened a new 3x leveraged short position of 26,499 ETH, valued at about $46 million, and also has an open order to further increase the position.
WhaleETHEthereumShort PositionOnchain LensPension

Onchain tracker Onchain Lens (@OnchainLens) reported that the whale address identified as pension-usdt.eth has opened a new short position in Ethereum. According to the post, the position totals 26,499 ETH, uses 3x leverage, and is valued at about $46 million. Foresight categorized the update under whale movements, and its headline refers to the address-related entity as Pension.

The main point of the disclosure is the size and direction of the trade. Onchain Lens stated that the whale has opened “a new 26,499 ETH short position with 3x leverage, valued at $46M.” A short position is a directional trade positioned for a decline in the underlying asset, while leverage increases the notional size of the exposure and also magnifies changes in profit and loss.

A 26,499 ETH short position is now open

The details disclosed in the source are limited but specific: the whale’s newly opened ETH short position is 26,499 ETH, the leverage level is 3x, and the notional value is approximately $46 million. The input does not provide the entry price, collateral amount, liquidation price, funding rate, or full exchange-level execution details, so those items are not added here.

The term whale is commonly used for blockchain addresses or market participants associated with large holdings or large trades. In this case, the address name given in the source is pension-usdt.eth, while the news headline uses Pension. The Onchain Lens post focuses on four concrete data points: the direction of the position, the ETH amount, the leverage multiple, and the approximate value.

An open order remains in place to increase the position

In addition to the already opened 26,499 ETH short position, Onchain Lens also said the whale “has an open order to further increase the position.” That means an order remains open for adding to the short exposure. The source does not state the size of that order, its price level, or the exact conditions under which it would be filled.

The confirmed facts are therefore narrow: pension-usdt.eth has already opened a 3x leveraged ETH short position, and the same trader has an open order intended to increase that position. Whether that order has since been filled, how much it would add, and what the final position size would be are not stated in the provided information.

Post timestamp, views and referenced trading page

The update came from a post by Onchain Lens on X. The page shows a posting time of 2:06 on June 21, 2026, along with 2143 Views and a “Read 8 replies” display. The source URL listed in the input is https://x.com/OnchainLens/status/2068515966401790175, and the Foresight publication timestamp is 2026-06-21T02:35:42.000Z.

The post also included a shortened trading-page reference in the form hyperbot.network/trader/0x0ddf9…, pointing to the trader page associated with the position. Because the source displays that link in truncated form, the full address is not expanded here. Based on the provided information, the report centers on four verifiable items: 26,499 ETH, 3x leverage, about $46 million in notional value, and an open order to add further to the short position.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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