According to LookIntoChain’s analytics cited by COINOTAG News on December 19, the whale trader pension-usdt.eth has shifted from a short ETH stance to a constructive long position after a $2.1 million loss. The repositioning highlights evolving market sentiment among large holders and signals a potential change in risk appetite within the crypto market.

With 3x leverage, the trader established a long exposure comprising 1,000 BTC (about $87.8 million) and 10,000 ETH (about $29.6 million). The combined stake shows unrealized gains of over $1.4 million, suggesting tactical positioning rather than a broad uptrend. Traders should monitor price action, liquidity conditions, and on-chain signals to gauge whether this momentum can endure.