ChainCatcher reported, citing monitoring by Lookonchain, that the whale address “pension-usdt.eth” has closed its Ethereum short position involving 60,000 ETH. The position generated a profit of $5.8 million after being closed. The disclosed figures identify ETH as the traded asset, the position as a short, the size as 60,000 ETH, and the realized gain as $5.8 million.
Twenty-three consecutive wins
According to Lookonchain’s monitoring data, “pension-usdt.eth” has now achieved 23 consecutive winning trades, with total profit reaching $41 million. In crypto markets, a whale generally refers to an address or trader with a large holding or transaction size. A short position is a trade direction that benefits when the asset price falls, while closing the position means the trade has been ended.
Based on the information provided, the latest closed 60,000 ETH short added $5.8 million in profit and extended the whale’s winning streak to 23. The data was monitored by Lookonchain and reported by ChainCatcher.