"pension-usdt.eth" BTC long position was fully closed after turning profitable in a short period, previously totaling approximately $68.6 million.

BTC-3,76%
ETH-4,18%

BlockBeats news, February 26 — According to Coinbob’s hot address monitoring, in the past half hour, the large whale “pension-usdt.eth” has fully closed its BTC long position of approximately $68.6 million, realizing a profit of about $590,000.

This long position was opened three days ago, with an entry price of around $67,900. After opening, the market briefly declined, causing the address to be in floating loss, with a peak loss of over $3 million. As BTC continued to rise sharply in a short period, its position turned profitable. The address quickly closed the position to lock in profits.

This whale’s strategy typically involves low leverage and short-term heavy trading (average holding around 30 hours) in BTC and ETH. Since October last year, its cumulative profit has exceeded $24 million.

View Original
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

Analyst: Short-term Bitcoin holders tend to take profits, transferring over 27,000 BTC to exchanges in the past 24 hours.

CryptoQuant analysts point out that despite a slight rebound in Bitcoin, short-term holders still tend to take quick profits, with over 27,000 BTC recently transferred to trading platforms, indicating a selling pressure signal. Current macroeconomic outlook is somewhat negative, and short-term holders lack confidence in long-term investments.

GateNews25m ago

Bitcoin Rally Sparks Debate Over Market Strength

Bitcoin Rally Sparks Debate Over Market Strength March 05, 2026 @ 01:43 AM (UTC) Current Price of Bitcoin$BTC / $USD: $72,695.95$BTC / $EUR: €62,593.26$BTC / $GBP: £54,452.83$BTC / $XAU: 14.044 oz$BTC / $XAG: 858.007 oz pic.twitter.com/69AMYA5oRD — Bitcoin (@Bitcoin) March 5, 2026 Bitcoin re

CryptoBreaking28m ago

Sora Ventures Founder Jason Fang appointed as Chairman of Taiwan-listed company Chuan Fei Energy (TWSE: 1516)

Founder of Sora Ventures, Jason Fang, has been appointed as the new Chairman of Taiwan-listed company Chuanfei Energy, which specializes in trading electric vehicle battery components. Fang stated that he will bring his experience in the blockchain field into his new role to support the company in strengthening its business and creating shareholder value. Since its establishment in 2018, Sora Ventures has invested over $100 million in more than 150 Web3 companies.

動區BlockTempo33m ago

Sora Ventures Founder Jason Fang Appointed Chairman of Chuanfei Energy, Web3 Investor Cross-Over to Lead Taiwan Stock Listed Company

Chuanfei Energy appoints Jason Fang, founder of Web3 investment firm Sora Ventures, as the new Chairman, attracting market attention. Fang aims to apply his blockchain experience to the company, promote the development of electric vehicle electronic component business, and create more value for shareholders.

ChainNewsAbmedia34m ago

Matrixport: Low retail participation, lack of new narratives, and token unlock sell-offs putting pressure on altcoins

Matrixport report indicates that meme coins underperformed expectations over the past year, mainly due to low retail participation, lack of new narratives and real-world application projects, as well as ongoing token unlock pressures, which hindered market rebounds. Despite overall pressure, some localized opportunities can still be identified.

GateNews1h ago
Comment
0/400
No comments