BlockBeats News, February 20 — According to Coinbob’s popular address monitoring, in the past half hour, the large whale “pension-usdt.eth” has fully closed its BTC long positions, recording a profit of approximately $994,000, with an average closing price of about $68,000. This address opened its position yesterday evening when the BTC price was around $66,500, holding 1,000 BTC, worth approximately $68 million.
This whale’s strategy typically involves low leverage and short-term positions (average holding period of about 30 hours), mainly trading BTC and ETH. Since October last year, it has accumulated profits of over $23 million. Recently, the address has been continuously shifting its substantial profits accumulated on Hyperliquid into interest-bearing markets. Currently, its total lending on AAVE has reached about $22 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Unknown wallet transferred 3,122 BTC to a CEX institutional service
Gate News: On March 19th, an unknown wallet transferred 3,122 BTC to a certain CEX institutional service, valued at approximately $217.6 million. This transfer highlights the continued large-scale flow of cryptocurrency toward institutional platforms.
GateNewsJust Now
Tether advances its stablecoin business and integrates with the Bitcoin Lightning Network
Gate News reports that on March 19, Tether is advancing the integration of its stablecoin business with Bitcoin's Lightning Network. The Lightning Network is a network layer built on Bitcoin that supports faster and lower-cost transactions. This move aims to expand the application scenarios of Tether stablecoins through the technical advantages of the Lightning Network and attract more users to utilize the Bitcoin network.
GateNews6m ago
This Friday Traditional Financial Markets Welcome 'Quadruple Witching Day,' Bitcoin Volatility May Rise Accordingly
This Friday will see the quarterly derivatives event "Quadruple Witching Day," which may lead to increased market volatility. The current market environment is highly volatile, with the VIX index breaking through 35, and Bitcoin volatility is also likely to rise. Additionally, on March 27th, there is a large-scale derivatives expiration, which will intensify market volatility risks.
GateNews35m ago
