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-0,23%

ETH-0,92%

AAVE0,77%

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NFTFreezer

· 01-19 01:16

Wow, this whale is causing trouble again. Investing 95,600 in BTC with leverage? Truly bold. This guy easily makes $740,000 and then immediately cashes out, then turns around and throws 69 million into Bitcoin. Is he not gambling? Pension, this whale, once again makes precise moves and continues to add to its position... a bit timid. Fast in and out trading—this time aiming to push BTC to 80 million? Honestly, that's a bit outrageous. A profit of 740,000 just casually wiped out? Just watching it makes me nervous. Switching from ETH to BTC—does this whale have a bearish view on Ethereum? Or is it laying an ambush for something? Closing positions is one thing, then turning around and going all-in with 69 million... this mental toughness is incredible. Made a profit of 21 million, and still not taking a break, keeps adding more? Truly a gambler's mentality.

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RektRecorder

· 01-18 17:40

Ha, this whale is playing again. ETH overnight closed out and switched to BTC, leverage still at 3x and adding more... How aggressive can it get? --- 23 hours for a cycle? Really? I can't learn this kind of operation. --- A profit of 740,000 just closed, then turned around and投入69 million into BTC. This mentality is unmatched. --- Pension's this fish is really steady. Made 21 million in two months. The question is, when can we copy the bottom? --- 80 million scale? Isn't it just this whale betting on BTC? That's pretty intense. --- Quick in and out, average price 95,600... I'm still hesitating, but he's already投入80 million. The gap is huge. --- What's the logic behind this guy fully switching ETH to BTC? Really bullish short-term or just a typical chop-chop routine? --- Playing with 3x leverage at this position, a dip would mean liquidation immediately. But this whale dares to do so, indicating he knows what he's doing. --- Position holding habits can be checked. Not afraid of being copied by followers to buy the dip. --- Not holding coins and trading repeatedly—that's the real professional trader style. We retail investors are losing every day.

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MemeCurator

· 01-17 13:03

This whale really has it figured out. A profit of 740,000 is taken out immediately, with no greed at all. Then they turn around and pour 69 million into BTC, still aggressively adding to their position—truly fearless. --- Pension, this whale is really ruthless. Making 21 million in a month, while we're still studying candlestick charts here. --- Closing ETH and going all-in on BTC with 3x leverage—this guy really dares to gamble. Still adding to the 69 million... --- Quick in and out within 23 hours to make 21 million—are we all just here to give away money? --- This whale's mindset is really steady. Taking profits without greed, cutting losses quickly—this level of discipline is worth learning from. --- 80 million BTC position—are they betting on a straight surge in the upcoming bull market? --- I'm a bit skeptical about the authenticity of this data, but if it's true... we retail investors really need to reflect. --- The most important thing is to make money and not hoard coins—that's the mindset of a professional trader.

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degenwhisperer

· 01-16 02:15

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

· 01-16 02:14

$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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