Bitcoin Whale pension-usdt.eth Flips BTC Positions: Closes $88.8M Short, Opens 3x Long, Then Reverses to $31.97M Short with $33k Unrealized Profit
COINOTAG News, citing Coinbob Popular Address Monitor on December 15, reports that the whale pension-usdt.eth closed its roughly $88.8 million BTC short about an hour ago, booking a profit near $950,000. This whale activity mirrors intraday rebalancing in the BTC market, preceding a shift into a 3x leveraged BTC long.
Soon after, the stance reversed: all long exposure was exited with a realized profit of about $93,000, then a new Bitcoin short position sized at roughly $31.97 million with 3x leverage was opened. The entry price is cited at $89,580.9 per BTC, with a liquidation threshold at $172,666.7 and an unrealized profit near $33,000.
This intraday reshuffling shows large holders using dynamic risk management in the crypto markets. While moves indicate tactical liquidity adjustments rather than a directional forecast, analysts will monitor subsequent order flow and price action for potential spillovers.
