Big Whale Continues to Adjust Positions: Closing Bitcoin Longs, Heavy Short on ETH

ForkMonger · 2026-01-21T13:12:11+00:00

The well-known whale "pension-usdt.eth" recently closed a Bitcoin long position and took an aggressive short position on Ethereum, with a short scale of $73.52 million, indicating a cautious attitude towards market trends. This shift has attracted market attention and may serve as a reference signal for other traders.

ForkMonger

2026-01-21 13:12:11

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【Blockchain Rhythm】On-chain data shows that the well-known swing whale “pension-usdt.eth” recently made significant position adjustments. The whale has completely closed its Bitcoin long positions and has initiated an aggressive short strategy on Ethereum.

According to monitoring information, this short position is quite substantial — a 3x leveraged short position reaching $73.52 million, with an entry average price around $2,927.33. This series of actions reflects the major player’s clear judgment of the current market trend: on one hand, firmly exiting the Bitcoin long position, and on the other hand, turning to short Ethereum in the short term.

Similar movements by top whales often attract market attention. These large traders’ decisions usually contain a deep understanding of market rhythm, and their position changes can serve as reference signals for other traders. The shift from closing positions to shorting suggests that this whale may be cautious about the upcoming market行情.

BTC-2.19%

ETH-3.34%

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BugBountyHunter

· 4h ago

Is the big whale about to dump? Follow the close positions to avoid losses --- Again with this pattern, when big players act, it starts to be overinterpreted. Is that reasonable? --- 73.52 million short positions... this pace is a bit intense, it's uncomfortable --- Wait, he closed BTC and switched to short ETH? Is he really bearish or just hedging? --- That whale from pension always makes it to the trending searches whenever adjusting positions, so competitive --- Using 3x leverage to short ETH at this level, that's a bit bold --- Why do I always feel like the big players know something we don't? --- Closing BTC and shorting ETH clearly indicates betting on a short-term pullback --- Here we go again, when whales move, the whole market follows --- If you short at position 2927... what if there's a rebound?

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LootboxPhobia

· 4h ago

Whales close their Bitcoin positions and turn to short Ethereum. Is this pace a bit too fast? Are they truly seeing through or just gambling?

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ParallelChainMaxi

· 4h ago

Whales have all closed their BTC positions, is this the signal to get off the ride? --- Another short on ETH, why does this guy look down on Ethereum so much? --- 73.52 million leverage short positions, really bold. If it doesn't work out, just get liquidated. --- Major investors have already run, retail investors are still bottom-fishing, it's hilarious. --- Closing Bitcoin positions and switching to short ETH? Feels like this market is about to turn. --- When whales move, the market follows. We small investors are really just fools with too much money. --- Shorting Ethereum with 2927? Maybe it's another reverse indicator. --- Watching whale positions is like checking the weather forecast; sometimes less accurate than rolling dice. --- Such aggressive moves by big players, are we about to see another big wave?

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StableCoinKaren

· 4h ago

The whales have run away, and us retail investors are still holding the bag. Truly unbelievable.

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ApeWithNoChain

· 4h ago

Short Bitcoin to go long on ETH? This whale must have sniffed out some news.

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