A swing whale enters the market to short ETH, with an average entry price of $3,142.76, having previously made a profit of $21.84 million.
According to Odaily, on-chain data shows that swing trader pension-usdt.eth deposited 29,999,699 USDC into its contract account and opened a new 3x leveraged ETH short position. Currently, the size of its ETH short position has increased to 762.3 ETH (approximately $2.397 million). This address has completed about 70 transactions in total, with total profits reaching $21.84 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An insider previously bought 28.8 million RALPH with only 12.3 SOL, achieving a return of 642 times.
Vitalik: In 2026, Ethereum will refocus on sovereignty and trustlessness
