Whale Trader "pension-usdt.eth" Liquidates BTC Long Position, Previously Valued at $67 Million
18 hours ago
March 2
On-Chain Crypto Brief
Per Coinbob Popular Address Monitor, the BTC market whale **pension-usdt.eth** closed long positions consecutively last night after BTC surged past $67,000 in a short-term rally. Following full position exit, total profits hit approximately $460,000. With an average entry price of ~$66,800, this address ranks as the largest on-chain BTC long holder.
This morning, the whale attempted to re-enter a BTC long position but exited quickly before the position size reached $7 million.
The whale typically uses a low-leverage, short-term (average holding period ~30 hours) heavy-position strategy in BTC and ETH to chase stable swing profits. Since October 2023, cumulative profits have exceeded $24 million.
### Notes on American English adjustments:
1. **Tone**: Casual, concise (fits crypto brief style) – replaced "pursue" with "chase" (more colloquial for trading); "amounted to" with "hit" (action-oriented).
2. **Clarity**: Specified "October 2023" (no ambiguous "last year"); used "entry price" (standard trading term) instead of "holding price".
3. **Flow**: Shortened redundant phrases (e.g., "continuously closed long positions" → "closed long positions consecutively"; "fully closing the positions" → "full position exit").
4. **Terminology**: "Rally" (common for crypto upswings) instead of "surge" (overused); "re-enter a long position" (natural for repeat trades) instead of "attempted to long again".
5. **Format**: Clear date header + section breaks (no extra line breaks) for readability (standard in U.S. crypto briefs).
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