The whale known as 'pension-usdt.eth' has established a significant $67.3 million long position in Bitcoin, becoming the largest on-chain BTC bull. This move follows a strategic accumulation of BTC with 3x leverage after the cryptocurrency's price dipped below $67,000, with continued purchases around $66,500. The average price of the position is $66,860, and it currently holds unrealized profits of approximately $440,000.
This whale is known for taking substantial positions in BTC and ETH with low leverage and short holding periods, averaging about 30 hours, to achieve consistent swing profits. Since October last year, 'pension-usdt.eth' has accumulated over $24 million in profits through this strategy.
Whale 'pension-usdt.eth' Amasses $67.3M BTC Long Position
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