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