Whale address pensionusdt.eth flips from BTC long to $68.2M 3x leveraged short position

Whale address pensionusdt.eth (0x0ddf…) fully closed a 3x leveraged BTC long position early March 4, realizing about $346,000 in profit before immediately switching to a short, BlockBeats reports citing Coinbob Hot Address Monitoring. The address now holds a 3x leveraged BTC short position of 1,000 BTC valued at roughly $68.2 million with an average entry price of $68,182. The address often profits from swing trades using relatively low leverage, short average holding periods of about 20 hours, and large position sizes in BTC and ETH, with cumulative profits exceeding $25.4 million since October last year.