Whale "pension-usdt.eth" engages in a high-stakes long to short flip, netting a $93,000 profit in one hour
Dec. 15 — Per data from Coinbob Popular Address Monitor, the whale wallet **pension-usdt.eth** initially closed its ~$88.8M BTC short position 1 hour ago, locking in ~$950k in profits, before opening a 3x-leveraged BTC long position.
However, the wallet has since reversed course: it closed all long positions for a $93k profit, then opened a 3x-leveraged $31.97M BTC short position. The entry price is $89,580.9, liquidation price $172,666.7, with current unrealized profits at $33k.
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In the past 7 days, CEX has seen a cumulative net outflow of 25,141.37 BTC
December 15 — Data from Coinglass shows that over the past seven days, centralized exchanges (CEXs) have seen a total net outflow of 25,141.37 BTC.
The top three CEXs by outflow are:
- Coinbase Pro: 11,236.77 BTC outflow
- Binance: 4,652.85 BTC outflow
- Kraken: 3,811.00 BTC outflow
Additionally, Gate led inflows with 415.60 BTC, topping the inflow rankings.
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Curve Founder Proposes Allocating 17.45 Million CRV for Research and Team Support
On December 15th, Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens to Swiss Stake AG—Curve’s development firm—to support ecosystem building, technical research, and the ongoing growth of its lending protocols. Based on current prices, the funding is worth roughly $6.6 million; Curve had previously awarded a similar grant to the firm ahead of the end of 2024.
Egorov posted on Curve DAO’s governance forum that the funds will go toward software development, infrastructure and security upgrades, and supporting Swiss Stake AG’s core team of about 25 contributors. Planned objectives include: launching and scaling the new Llamalend lending system, building on-chain forex functionality, and optimizing Curve’s user interface and cross-chain capabilities.
Per the proposal, relevant research findings will be released under a license compatible with Curve’s open-source codebase. If approved, Swiss Stake AG may stake some CRV to earn rewards, but it must stric
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The UK is planning to bring cryptocurrency into its financial regulatory system, to be implemented by 2027 at the latest.
On December 15, the UK government announced plans to fully integrate cryptocurrency into its existing financial regulatory framework by no later than 2027. The UK Treasury will submit relevant legislation to Parliament, aiming to formally place crypto businesses under the oversight of the Financial Conduct Authority (FCA) by October 2027 at the latest.
UK Chancellor of the Exchequer Rachel Reeves noted that bringing the crypto industry under regulatory oversight is a key step to strengthening the UK’s position as a global financial center in the digital age—one that will provide clear rules for businesses, protect consumers, and keep bad actors out of the UK market.
In April of this year, the UK Treasury released a regulatory draft proposing to bring crypto exchanges, brokers, and intermediaries “into the regulatory perimeter.” The new legislation will align crypto asset regulation more closely with that of traditional financial products. Currently, UK crypto businesses primarily
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CZ: Does not hold fiat currency, hardly any cash
On December 15, Binance founder CZ recently noted in an interview: "I don’t hold any fiat currency, and I have very little cash." He explained he lives almost entirely within the cryptocurrency ecosystem, using a card that lets him instantly convert crypto assets to fiat for daily expenses.
### Notes on U.S. language habits adjustment:
1. **Date format**: Used *On December 15* (natural for U.S. news leads, omitting redundant "th" in casual context while keeping clarity)
2. **Word choice**: Replaced "stated" with "noted" (more conversational for a casual interview quote); added "any" before "fiat currency" (clearer for U.S. readers); used "lets him convert" (colloquial alternative to "allows him to convert")
3. **Sentence flow**: Rearranged to prioritize "recently" + date (aligns with U.S. journalistic rhythm); added "and" to connect the two clauses in the quote (more grammatically smooth for U.S. English)
4. **Brevity**: Kept content intact while trimming unnecessary words (e.g
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Whale "pension-usdt.eth" liquidated a BTC short position and opened a long position in the opposite direction, with a total position size of $32.11 million
December 15 — Per data from Coinbob Popular Address Monitor, a whale wallet identified as “pension-usdt.eth” completely closed its BTC short position (position size: ~$88.8 million) in the past hour, netting roughly $950,000 in profits.
The address then launched a 3x leveraged long position in BTC, which now totals $32.11 million. As of press time, it is still actively adding to the position.
Monitoring shows the wallet frequently engages in short-term trades, taking full low-leverage positions in top mainstream coins BTC and ETH. Its average holding period is ~20 hours. Over the past 30 days, it has netted ~$17.46 million in profits, with ~$8.54 million so far this December.
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