BlockBeats message, March 31, according to Coinbob’s monitoring of popular addresses, after the swing whale “pension-usdt.eth” address (0x0ddf…) completed its last round of short-selling and recorded a $2.86 million profit, it re-entered the market again this morning, opening a BTC short position with 3x leverage as the base position. The position size is 128 BTC, about $8.7 million, with an average price of $68,122.
Meanwhile, the address has been continuously placing multiple sell orders above the BTC price level of about $68,021, planning to add to the position in batches. Judging from its consistent style of making large swing shorts in the past, if the current round of position building completes as scheduled, the position size may be pushed up again to more than $60 million.
The address typically profits through swing trading. Its strategy mainly focuses on operating BTC and ETH with low leverage, short cycles (average holding time of about 20 hours), and large position sizing. Since October of last year, its cumulative profits have already exceeded $30.2 million.
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