Ethereum (ETH) Whale on Binance Increases Short Position by 6,048 ETH, Raising $76.64M Exposure with $420k Unrealized Loss

According to HyperInsight data cited by COINOTAG News on December 28, the Binance whale pension-usdt.eth expanded its short position by 6,048 ETH, lifting total exposure to 26,048 ETH. The position equates to roughly $76.64 million at an entry price near $2,926 per ETH, with an unrealized loss of about $420,000.

Monitoring notes this address frequently engages in swing trading across BTC and ETH, often with low leverage and full positions, and an average holding period of approximately 20 hours. In the last 30 days, it has realized about $13.87 million in profit, signaling ongoing activity by large market participants in the crypto market.