Whale 'pension-usdt.eth' Adds $60M BTC Short Position, Now Top Holder on Hyperliquid

The address labeled 'pension-usdt.eth' increased its 3x leveraged BTC short position by approximately $60 million over the past hour, bringing total holdings to $93.2 million at an average entry of $92,700 with a floating loss of $460,000 (1.4%), Coinbob address monitoring shows. This makes it the largest BTC short position holder on Hyperliquid as of December 4. The address partially closed around $60 million in BTC shorts at breakeven at 0:00 today before re-establishing the position this morning. The whale frequently engages in swing trading with low-leverage large positions, averaging 8-hour hold times this week, and has generated $6.6 million in monthly profits.