Whale Trader "pension-usdt.eth" Takes Profit on $64M ETH Short, Daily Profit Reaches $3.4M
On February 5, data from Coinbob Popular Address Monitor shows that at 1 a.m. ET today, as ETH prices trended downward, DeFi whale "pension-usdt.eth" closed all 30,000 ETH short positions.
The position—previously valued at ~$64 million—was closed at an average price of ~$2,134, generating a $3.44 million profit in the past 24 hours. This whale uses a low-leverage, short-term (average 30-hour holding) heavy trading strategy focused primarily on BTC and ETH. Since last October, cumulative profits have topped $23 million.
Recently, the address has been consistently transferring its accumulated profits from Hyperliquid to yield markets. Its total borrowings on AAVE now sit at ~$22 million.
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HYPE's Biggest Long Whale Bets on BTC, ETH as HYPE Weakens; Account Profit Surges to $15.3M
February 5th.
According to Coinbob Popular Address Monitor (via its Telegram channel @Coinbob_track_CN), following a 24-hour price drop in BTC and ETH plus a minor rebound in HYPE, "Hyperliquid early contributor Loracle" has now locked in floating profits from the roughly $56 million BTC and ETH hedge short positions opened yesterday. The floating profit on its HYPE long position has also expanded in tandem, hitting an overall profit of $15.3 million. Key position details are below:
- **HYPE (5x Long):** Position size ~$50.3 million, average entry price $24.37, floating profit ~$14.4 million (+142%).
- **ETH (20x Short):** Position size ~$31.5 million, average entry price ~$2,201, floating profit ~$650,000 (+40%).
- **BTC (20x Short):** Position size ~$26.6 million, average entry price ~$74,480, floating profit ~$670,000 (+49%).
This address currently holds the largest on-chain HYPE long position and ranks among the top 2 whales for BTC/ETH short positions. Total account po
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Tether Releases Q4 Report: USDT Data Hits All-Time Highs in Q4 2025
On February 5, Tether released its Q4 2025 report, showing USDT hit multiple all-time highs during the quarter:
- Market cap reached $187.3 billion
- 8th straight quarter of over 30 million user growth
- Largest single-quarter increase in on-chain USDT wallet counts
- Monthly active on-chain users hit an all-time high
- On-chain transfer count and value both set records
USDT’s market cap rose $12.4 billion in Q4 2025 to $187.3 billion—up 4.9% month-over-month in October before growth slowed due to the October 10 clearing storm.
Tether’s total reserves increased $11.7 billion in the quarter to $192.9 billion, with net assets (assets exceeding liabilities) of $6.3 billion. Reserves include 96,184 Bitcoin (up 9,850 quarter-over-quarter) and 127.5 metric tons of gold (up 21.9 metric tons QoQ).
USDT’s estimated total user base grew 35.2 million in Q4 2025 to 534.5 million—marking the 8th consecutive quarter of user growth topping 30 million.
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A Whale Liquidated 96,500 ETH and 334,000 SOL, Taking a $141 Million Loss
On February 5th, on-chain data analyst Ember reported that a crypto whale address completed full position liquidation 4 hours prior.
The address offloaded all holdings over 4 days: 96,585 ETH (valued at ~$2.14 billion) and 334,000 SOL (~$31.51 million), incurring a staggering $141 million total loss.
- **ETH breakdown**: Acquired at an average $3,363 in July 2023, sold recently at ~$2,222 → $110 million loss.
- **SOL breakdown**: Bought at an average $186 in October 2023, sold at ~$94 in recent days → ~$30.78 million loss.
After settling liquidation and repaying debts, the address holds just $58.34 million in USDC.
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