COINOTAG reports, citing Coinbob Popular Address Monitor, that in the last hour a crypto whale identified as ‘pension-usdt.eth’ fully closed a large BTC short position valued at about $88.8 million, booking roughly $950,000 in profit. Immediately afterward, the address opened a 3x leveraged BTC long with a current position size of $32.11 million and an average fill price of $89,300, with activity suggesting a continued buildout of the stake.
On-chain monitoring shows the address frequently engages in short-term arbitrage trading with low-leverage, full BTC and ETH positions, maintaining an average holding period of about 20 hours. Over the past 30 days, the account reports roughly $17.46 million in profit, including about $8.54 million in December to date, highlighting disciplined execution rather than speculation.
Source: https://en.coinotag.com/breakingnews/bitcoin-btc-whale-closes-88-8m-short-opens-3x-long-at-89-3k-avg-30-day-profit-near-17-46m-amid-ongoing-arbitrage
