According to Coinbob tracking data, on Jan 30, the notable whale 'pension-usdt.eth' re-entered short ETH position near $2,750 price level.
New Short Position Buildup
The whale now holds approximately $37M worth of ETH shorts at 3x leverage with average entry price at $2,750. This new position suggests cautious outlook towards current ETH price rebound. On-chain data shows active accumulation is still ongoing.
Previous Profit Taking
Earlier on the same day, this trader just closed previous ETH short position, securing $2.72M profit. Prior position size was holding 25,000 ETH worth $70M at time. Historical trading pattern suggests this new position might eventually reach $50M in value.
Trading Style & Fund Movement
This whale prefers low-leverage, short-duration (avg 23 hrs) heavy ETH/BTC trading strategy. Despite recent 19% drawdown, cumulative profit since October exceeds $23M.
Notably, the address has been systematically transferring Hyperliquid trading profits into yield markets. Current AAVE lending exposure has reached $26.76M.