coin-img-ETHETH-1.42%coin-img-BTCBTC-1.35%coin-img-SOLSOL-1.40%coin-img-PIPPINPIPPIN+7.78%coin-img-XRPXRP-3.63%coin-img-WLFIWLFI+0.87%coin-img-HYPEHYPE+2.77%coin-img-UNIUNI-3.72%coin-img-ETHETH-1.42%coin-img-BTCBTC-1.35%coin-img-SOLSOL-1.40%coin-img-PIPPINPIPPIN+7.78%coin-img-XRPXRP-3.63%coin-img-WLFIWLFI+0.87%coin-img-HYPEHYPE+2.77%coin-img-UNIUNI-3.72%coin-img-ETHETH-1.42%coin-img-BTCBTC-1.35%coin-img-SOLSOL-1.40%coin-img-PIPPINPIPPIN+7.78%coin-img-XRPXRP-3.63%coin-img-WLFIWLFI+0.87%coin-img-HYPEHYPE+2.77%coin-img-UNIUNI-3.72%coin-img-ETHETH-1.42%coin-img-BTCBTC-1.35%coin-img-SOLSOL-1.40%coin-img-PIPPINPIPPIN+7.78%coin-img-XRPXRP-3.63%coin-img-WLFIWLFI+0.87%coin-img-HYPEHYPE+2.77%coin-img-UNIUNI-3.72%

Crypto Whale 'pensionusdt.eth' Opens $67.3M Leveraged BTC Long as Bitcoin Dips Below $67,000

On February 27, a prominent crypto whale address, identified as 'pensionusdt.eth', established a substantial $67.3 million leveraged Bitcoin (BTC) long position, according to Coinbob's Popular Address Monitoring data, as cited by BlockBeats. This strategic move occurred after Bitcoin briefly dipped below the $67,000 mark, with the whale continuing to accumulate around $66,500. The position, utilizing 3x leverage, has an average entry price of $66,860 and currently shows an unrealized profit of approximately $440,000. 'pensionusdt.eth' is now recognized as the largest on-chain BTC bull by long exposure, known for executing sizable, low-leverage BTC and ETH positions with an average holding period of about 30 hours, accumulating over $24 million in profits since October last year.
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BTC
BTC-1.43%
ETH
ETH-1.41%
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