"Whale" Address Shows Unrealized Gains of Over $2.86 Million

**APRIL 17 — Iran has set three conditions for ships transiting the Strait of Hormuz, per Iran’s Tasnim News Agency (reported April 17) and Xinhua.** 1. **Vessels must be commercial (military ships are banned). Neither the ships nor their cargo may be linked to hostile countries.** 2. **Ships must use Iran’s designated waterway.** 3. **Passage must be coordinated with the Islamic Revolutionary Guard Corps (IRGC) Navy.** **A source noted that if the U.S. continues enforcing a naval blockade, Iran will deem it a ceasefire agreement violation and close the strait.**

April 17: After Iranian Foreign Minister Abbas Araqchi announced the full reopening of the Strait of Hormuz, former President Donald Trump posted 11 consecutive tweets weighing in on the situation. Trump said the Strait of Hormuz has fully reopened, that Iran is clearing mines with U.S. assistance, and that Iran “will no longer close the strait or use it as a weapon against the world.” He emphasized, however, that the maritime blockade against Iran will continue until “relevant agreements are fully achieved.” He also claimed the U.S. “destroyed Iran’s nuclear program” and will secure relevant nuclear materials, while thanking Pakistan, Saudi Arabia, the UAE and Qatar for their support. In his posts, Trump again criticized NATO as “ineffective at critical moments” and slammed outlets like *The New York Times* and CNN for not giving positive coverage of his actions. Additionally, Trump commented on the situation in Lebanon, stating he will restrict Israeli actions and that th

On April 17, the U.S. Navy issued a notice to sailors noting that the mine threat in some areas of the Strait of Hormuz remains not fully understood, and advising sailors to consider avoiding those areas.

Iranian officials, per Iranian media outlet Fars News, said on April 17 that if the U.S. Navy maintains its blockade, Tehran will view this as a ceasefire agreement violation and close the Strait of Hormuz.

April 17th: According to on-chain analytics firm Lookonchain, the well-known trader address **pension-usdt.eth** has suffered a sharp drawdown amid the latest market rebound, racking up heavy unrealized losses on its short positions. The address currently holds ~1,000 BTC (≈$77.5M) and 20,000 ETH (≈$48.7M) in short positions, with total unrealized losses exceeding $15.5M. As a result, its historical cumulative profit has plummeted from a peak of ~$33.28M to ~$14.98M—marking a nearly 55% drawdown. Notably, the trader previously notched 20 consecutive winning trades with a win rate above 85%.

On April 17th, Li Hua—founder of Liquid Capital (formerly LD Capital)—stated in a post: “Now that the Hormuz Strait has reopened, the war has indeed formally concluded. I still hold that both sides have no reason to keep fighting; peace is the only and best option. I remain optimistic about this rebound: U.S. stocks have hit a new high, MicroStrategy keeps buying, altcoins are taking turns to rally, and there’s no reason to take profits right now.”