According to ChainCatcher, citing on-chain monitoring data, the whale identified as “pension-usdt.eth” has reopened a short position on ETH shortly after fully closing its Ethereum short position yesterday. The new position is set with 3x leverage and is again directed toward shorting Ethereum.
At the time the monitoring information was released, the whale’s current position held 871.3249 ETH. The position value was reported at approximately $1.5 million, while the investment return rate stood at 0.25%. Based on the disclosed data, the address closed its previous Ethereum short position and then rebuilt a leveraged position in the same trading direction within a short period.
A short position generally reflects a trade structured to benefit from a decline in the price of the underlying asset, while leverage increases exposure and magnifies changes in profit and loss. The reported information is limited to the on-chain monitoring details provided: the whale name, the reopening of the ETH short after yesterday’s full closure, the 3x leverage level, the ETH position size, the approximate position value, and the current ROI.