BREAKING
53d 23h 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

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

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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