Whale “Pension Fund” Opens 10,000 ETH 2x Leveraged Short at $4,200, Holding $41M — Coinbob On-Chain AI

On-chain analysis provider Coinbob reported that a whale labeled “Pension Fund” established a 2x leveraged short position of 10,000 ETH when ETH breached $4,200 on elevated volume after a sideways consolidation, creating a notional exposure north of $41 million. Market data show the trade was sized and timed to exploit a rapid momentum swing, consistent with professional position-sizing and risk management practices.

Coinbob’s metrics indicate the address mixes high-frequency probing with swing trading, averaging an estimated holding period near seven hours and deploying capital in concentrated bursts—one such deposit of about $30 million was followed by position accumulation within 72 hours. The on-chain record also documents a prior ~$3.41 million loss from long trades and a reported historical short success rate according to Coinbob’s analysis.