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Home News Marked as the “Pension Fund” Whale opened a 10,000 ETH short position during the uptrend, previously incurring a 3,410,000 loss

Marked as the "Pension Fund" Whale opened a 10,000 ETH short position during the uptrend, previously incurring a 3,410,000 loss

Marked as the “Pension Fund” Whale opened a 10,000 ETH short position during the uptrend, previously incurring a 3,410,000 loss

BlockBeats News, October 15th, according to on-chain AI analysis tool Coinbob (@CoinbobAI_bot), a whale identified by users as “Pension Fund” decisively opened a 2x leveraged short position of 10,000 ETH when ETH broke through $4200 with high volume after trading sideways, holding over $41 million.

This address often shorts during overbought conditions, particularly excelling at deploying large short positions at key levels for ETH. Despite suffering a $3.41 million loss over the past week due to previous long operations, its historical short position success rate stands at 100%. It is noteworthy that this address’s operations combine high-frequency probing with swing trading, with an average holding period of about 7 hours and clear fund deployment timing. After depositing $30 million last week, it rapidly built up its position within 72 hours.

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