BREAKING
76d 16h 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

$65,707.93
+0.32%
24h Volume

$23,298,561,101.23

24h H/L

$66,025.52 / $63,030.00

Change: $2,995.52 (4.75%)

Long/Short
70.9%
Long: 70.9%Short: 29.1%
Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$65,274.58

-0.91%

Volume (24h): -

Resistance Levels
Resistance 3$70,602.61
Resistance 2$68,166.32
Resistance 1$65,872.10
Price$65,274.58
Support 1$64,283.09
Support 2$62,510.28
Support 3$60,000.00
Pivot (PP):$64,776.70
Trend:Downtrend
RSI (14):37.3

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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