Gate News Report: On March 24, according to HyperInsight monitoring, on March 25, the swing whale address "pension-usdt.eth" held large short positions with unrealized losses narrowed to $3.45 million. Specific position details: The address shorted 500 BTC with 3x leverage at an average entry price of $68,884.2; shorted 30,000 ETH with 3x leverage at an average entry price of $2034.47.

On-chain data shows that an institutional-affiliated address "ETH Swing Master" has an ETH long position with an unrealized loss of $520,000, at an average price of $2,148, with a position size of approximately $150 million. The whale previously added positions at higher levels and also holds a 20x leveraged BTC long position with an unrealized gain of $1.3 million.