「pension-usdt.eth」 BTC Long Position Turns Loss into Gain and Fully Liquidates in a Short Period, with a previous scale of approximately $68.6 million
BlockBeats News, February 26, according to Coinbob Popular Address Monitor, in the past half an hour, the whale in the DeFi world, "pension-usdt.eth," has liquidated all of its approximately $68.6 million BTC long position, realizing a profit of about $590,000.
The long position was opened three days ago at an average price of around $67,900. After the position was opened, the market temporarily moved downwards, putting the address in a floating loss state, with losses peaking at over $3 million. As BTC continued to surge in the short term, the position shifted from a loss to a profit, prompting the address to quickly close its position and lock in the profit.
This whale's strategy often involves low leverage, short cycles (with an average holding period of about 30 hours), and heavy trading of BTC and ETH. Since October last year, the cumulative profit has exceeded $24 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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