Swing trading whale “pension-usdt.eth” increased ETH short positions, with a total position size reaching $76.64 million

2025-12-28 by admin

BlockBeats news, December 28, according to HyperInsight monitoring, swing whale “pension-usdt.eth” increased holdings by 6,048 ETH short positions, bringing the total position size to 26,048 ETH, approximately $76.64 million, with an opening price of $2,926 and a floating loss of $420,000.

Additionally, monitoring shows that this address frequently engages in short-term swing trading and opens full positions with low leverage on mainstream cryptocurrencies like BTC and ETH, with an average holding period of about 20 hours, generating a profit of approximately $13.87 million in the past 30 days.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .