BREAKING
98d 18h ago

Bitcoin Trader Pension-usdt.eth Takes 3x Short on 1000 BTC; 7-Win Streak Nets $22M Profit on $89.6M Position

BTC

BTC/USDT

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

COINOTAG News reported on December 14, citing LookIntoChain analytics that a seasoned crypto trader operating as pension-usdt.eth shifted from a long to a short stance. The trader initiated a 3x leveraged short on 1000 BTC, with an estimated position value around $89.6 million, reflecting a notable tactical move amid current market volatility.

As of the report, the position has delivered 7 consecutive winning trades, generating profits in excess of $22 million. The data, drawn from on-chain monitoring, suggests disciplined risk management and selective exposure to downside scenarios in Bitcoin markets.

Investors should view this as an illustrative example of high-margin hedges employed by experienced traders rather than a market forecast. The trajectory underscores heightened risk appetite for leveraged bets in BTC while reminding participants of the need for robust risk controls as liquidity and volatility persist.

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