On-chain whale "pension-usdt.eth" makes its first cross-sector long position in crude oil, with a 2x leverage holding of $2.54 million

BTC1%
ETH1.82%

Gate News Report, March 11 — According to HyperInsight monitoring, the whale address “pension-usdt.eth” (0x0ddf…) focused on crypto trading has expanded its trading scope to traditional assets for the first time. Last night, this address continuously built long positions in CL crude oil futures around $87. Today, within the past hour, it added another 10,000 contracts (approximately $830,000) at a price of $83.5. As a result, its 2x leveraged long position in CL crude oil futures has reached $2.54 million, with an average price of $84.7, currently showing an unrealized profit of $1,500. Historically, this address has mainly operated large positions in BTC and ETH in swing trading, and remains the largest on-chain BTC short position. This crude oil long position marks its first foray into RWA traditional assets.

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