Whale's Move Analyzed
According to Hyperinisght monitoring, on March 3, the contract whale pension-usdt.eth closed its 500 BTC short position opened 20 minutes earlier with a 3x leverage, exiting with a small profit.
Trading Context
This address is well-known for favoring low-leverage, high-volume contract trading and frequently topping the charts on Hyperliquid. This move occurred as Bitcoin's price rebounded to $66,200, where the whale cashed out all long positions, before initiating shorts at $69,134.
- Date: March 3
- Short Position Size: 500 BTC
- Leverage: 3x