BlockBeats News, March 2 — According to Coinbob’s popular address monitoring, at 4:23 PM, the address “pension-usdt.eth” (0x0ddf…) started building a 3x leveraged long position in BTC at around $65,691. The current position has reached 291 BTC, approximately $19.2 million, and continues to add to the position as of press time. Based on recent trading habits, if this build-up is completed, the total holdings could still reach 1,000 BTC.
This address often profits through swing trading, mainly using low leverage, short-term cycles (average holding about 20 hours), and large positions in BTC and ETH. Since October last year, its cumulative profit has exceeded $20 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
"ETH Swing Master" unrealized gains have increased to $12 million, with no positions closed yet. Recently, successfully bottomed out BTC at an average price of $68,000.
March 5 news shows that the "ETH Swing Master" address currently holds a 15x leveraged ETH long position, with an unrealized profit of $9.2 million. At the same time, this address also bought the dip in BTC during the short-term bottom for BTC and ETH, with unrealized profits exceeding $2.8 million. The total unrealized profit now exceeds $11 million, and the outlook remains bullish.
GateNews19m ago
Bitcoin ETFs Draw $462M as BTC Briefly Hits $73K
US spot Bitcoin ETFs saw renewed demand on Wednesday, with inflows broad-based across major issuers as BTC briefly breached the $73,000 level. Net inflows into spot BTC funds reached $462 million for the day, marking the third consecutive day of net buying and lifting the weekly total to
CryptoBreaking32m ago
Bitcoin ETF attracts $462 million, BTC briefly surpasses $73,000
U.S. spot Bitcoin ETF recorded a net inflow of $462 million on Wednesday, with a three-day total of $1.1 billion. BlackRock IBIT was the fund with the largest single-day inflow. Although the capital inflow indicates an improvement in market sentiment, the Fear & Greed Index remains in the "Extreme Fear" zone, and more sustained inflow data is needed to confirm a trend reversal.
MarketWhisper36m ago
US Spot Bitcoin ETFs Add $225M as BlackRock IBIT Offsets Redemptions
US spot Bitcoin ETFs posted mixed trading flows on Tuesday, reflecting a nuanced backdrop for the U.S. ETF market as investors weighed short-term liquidity against broader risk-off sentiment. Data from SoSoValue showed that overall spot BTC ETFs drew a net inflow of $225.2 million, highlighting
CryptoBreaking52m ago
Reputed Analyst Claims Fake Pump for BTC, Remains Highly Bullish for the Coming Weeks
Reputed analyst confirms fake pump for BTC.
He remains highly bullish for the coming weeks and bearish for the long-term.
He expects BTC to pump to the $78,000 – $88,000 price range before a greater dump.
The current crypto market has resulted in a surprising turn of events for
CryptoNewsLand1h ago