ChainCatcher reported that, according to on-chain data monitoring, the whale address pension-usdt.eth has reopened a 3x leveraged Ethereum short position after fully closing its ETH short position yesterday. The current position holds 871.3249 ETH, with a position value of about $1.5 million and an investment return rate of 0.25%.
Short Position Rebuilt After Full Closure
The disclosed data centers on two consecutive actions by the same whale address: the full closure of its previous Ethereum short position yesterday, followed by the opening of a new short position using 3x leverage. A short position generally refers to a position built in the direction of a price decline, while leverage increases the size of the position relative to the trader’s capital.
The term whale is commonly used for on-chain addresses with relatively large holdings or trading activity. In this case, the available information is limited to the address pension-usdt.eth, its reopening of a leveraged ETH short, the holding size of 871.3249 ETH, the approximate $1.5 million position value, and the current 0.25% return rate.