Whale Invests $67.3M in BTC, Becomes Largest Long Position on Chain

Whale Expands Position, Becomes Largest BTC Long Holder

According to Coinbob's tracking data, on February 27, the whale address 'pension-usdt.eth' began aggressively building a long BTC position as prices dropped below $67K, using 3x leverage to accumulate near $66.86K.

At the time of writing, the whale’s total long exposure has reached $67.3M, with unrealized gains of approximately $440K, making it the largest BTC long holder on-chain.

High-Frequency, Short-Term Strategy Generates Over $24M in Profits

This whale typically employs a low-leverage, short-term trading strategy, with an average holding period of around 30 hours. It focuses on BTC and ETH to capture consistent short-term gains. Since October last year, the whale has generated over $24M in cumulative profits.

This approach has proven highly effective during market volatility, offering valuable insights for other traders.