Whale closes ETH position and switches to BTC with 3x leverage long, with position size surpassing $69 million

GasWrangler · 2026-01-16T01:46:12+00:00

A well-known on-chain address "pension-usdt.eth" recently closed all ETH long positions, earning $740,000 in profit. It then reopened a BTC long position with 3x leverage, with the position size reaching $69 million and continuously adding to the position. The whale's operation is steady, with cumulative profits exceeding $21 million, and the profits are being invested in interest-bearing markets, especially with a lending amount of $26.71 million on AAVE.

GasWrangler

2026-01-16 01:46:12

Abstract generation in progress

【Blockchain Rhythm】A well-known on-chain address has acted again. On January 16th, monitoring data shows that in the past 2 hours, the whale named “pension-usdt.eth” directly closed all ETH long positions, harvesting approximately $740,000 in profit. However, they didn’t rest — they immediately opened a BTC long position with 3x leverage, with the current position size reaching $69 million and an entry average price of $95,600. More notably, as of press time, this whale is still continuously adding to its position. Based on their holding habits over the past few months, this position is likely to eventually surpass $80 million.

This whale’s trading style has always been very steady — low leverage, quick in and out. BTC and ETH are the main trading assets, with an average holding period of about 23 hours. Over the past few months since October, they have accumulated profits of over $21 million. After making money, they don’t hoard coins but instead continuously channel profits into yield markets. Data shows that this whale has lent approximately $26.71 million on AAVE, seemingly using DeFi to further activate their funds.

BTC-0,22%

ETH-0,65%

AAVE2,67%

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degenwhisperer

· 23h ago

This whale is really ruthless. Just made 740,000 and turned around to push 80 million into BTC. Should I learn from this or run away?

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MEVvictim

· 23h ago

$740,000 profit so quickly offset, and then all in BTC again? This whale really dares to play, using 3x leverage and still adding positions. I just want to know how he's so sure... This trading rhythm, I can't learn it, bro. This whale, pension-usdt, made 21 million in two months, then immediately threw it all in. I’m stunned. Fast in and out style. If this time he goes all-in to 80 million... alright, I bet you can survive this time too. Another daredevil, dancing on the edge of the knife with a 23-hour cycle.

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MEVSandwichMaker

· 01-16 02:02

This whale is really ruthless, turning to BTC at 740,000 with just one move, risking 3x leverage to smash like this... Pretty aggressive. Once again, ETH flows into BTC. Not sure if he's sensing some market trend. This trading pace is too intense, quick in and out to make 21 million. I'm still hesitating on spot trading. Pension really treats trading as an art, with such precise average price targeting. What kind of mental toughness is that? 疯狂加仓到8000万，这是要all in还是咋地，胆子绝了 Every time I watch this guy trade, I wonder, why is there such a big difference even though we're both trading?

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GasDevourer

· 01-16 01:59

Damn, this guy is really a money printer. He closed a position on ETH and made 740,000, then turned around and poured 69 million into BTC. He dares to use 3x leverage—his guts are extraordinary. His trading style is indeed steady; I can't keep up with the quick in-and-out approach. The 23-hour average holding period is basically market harvesting. From earning 21 million in October to still adding positions now, this pace... I suspect this guy hasn't slept at all, constantly watching the market and opening new positions.

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MysteriousZhang

· 01-16 01:55

This whale is serious, directly transferring ETH to BTC, stacking with 3x leverage to the max, still adding to the position with 69 million… Wondering how high he can build it in the end.

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