Bitcoin Tops $78,000; pensionusdt.eth Whale's BTC Short Swells to ~$10M Unrealized Loss

ChainCatcher reports that Hyperinsight data show Bitcoin has climbed above $78,000, widening the unrealized loss on a BTC short held by the whale address pensionusdt.eth. The position is valued at more than $78 million, with unrealized losses now around $10 million. The short was opened on April 2 and has been held for about a month without adjustments. Its average entry price is $67,992, and the estimated liquidation price is $100,667.60. The whale also maintains an ETH short worth roughly $46 million, currently showing an unrealized loss of about $3.4 million.