Whale ETH closed position: 30,000 Tokens Sold, $26.7 Million Withdrawn

NotSatoshi · 2026-01-12T06:16:38+00:00

A well-known trader, "pension-usdt.eth," made two significant moves today, closing a short position of 30,000 ETH, resulting in a $285,000 loss. Despite this, he withdrew $26.74 million from his account, leaving his balance at zero. Managing over $30 million, he has a strong trading history with a cumulative profit of $10.23 million.

NotSatoshi

2026-01-12 06:16:38

Abstract generation in progress

According to monitoring of popular addresses, a well-known trader known as “pension-usdt.eth” conducted two significant market operations today. First, he reduced his presence in the Ethereum market by closing a short position on a total of 30,000 ETH. This position closing operation was valued at approximately $88 million at the time of execution.

Transaction Details and Losses

The position closure was not without financial consequences. The trader incurred a loss of about $285,000 on this single operation. Nevertheless, he continued his activities by withdrawing all the cash from his contract account – a total of $26.743 million. After this operation, the account balance dropped to zero.

Trader’s History and Experience

This whale address manages assets worth over $30 million and has gained a reputation for aggressive high-frequency trading strategies. His ability to quickly respond to market fluctuations has allowed him to build an impressive track record. The total accumulated profit from his trading history reached $10.23 million USDC, and the total trading volume exceeded $4.5 billion.

These numbers indicate that despite today’s loss, the trader remains one of the more experienced players in the cryptocurrency market.

ETH-0,07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.