Yesterday's Whale Trader Who Perfectly Shorted Before the Major Drop Goes Long on ETH with 2x Leverage, Holding a Position Worth $56 Million
Per LookOnChain monitoring, whale wallet **pension-usdt.eth** has made two notable ETH trades recently:
- **Yesterday**: The whale took a 2x leveraged short position on ETH worth $18 million, then closed it for a $910,000 profit shortly after a sharp ETH price drop.
- **Dec. 2**: The same whale switched to a long position, opening a 2x leveraged long on 20,000 ETH (valued at $56 million) with an entry average price of $2,825.9.
### Notes on American English adaptation:
- Uses **bullet points** for readability (common in crypto/finance quick updates).
- Replaces awkward phrasing like "doubled shorted" with standard "2x leveraged short position" (industry-standard terminology).
- Adds commas for thousand separators (e.g., $2,825.9) and clear time framing (separate "Yesterday" / "Dec. 2" sections).
- Keeps wallet address consistent (no unnecessary changes to on-chain identifiers).
- Prioritizes brevity while retaining all key data (position size, leverage, value, profit,
30 minutes ago
Viewpoint: Bitcoin is expected to remain within a range in the near future, with $75,000 being the bull-bear line.
**December 2nd Update**
Derek Lim, Research Director at crypto market maker Caladan, noted Bitcoin may continue trading in a range and consolidating between $83,000 and $95,000.
Experts, however, maintain Bitcoin is currently in a bull market correction—not a full bear market—because, unlike previous cycle peaks, “we haven’t seen widespread frenzy or speculative excess.”
Analyst Tim Sun added Bitcoin is unlikely to see a strong uptrend before the end of 2025; the more realistic scenario is it “focuses on building a bottom.”
“As long as expectations for the Fed’s 2026 loose policy aren’t fully dashed, this phase is more likely a bottoming consolidation than a new long-term bear market,” Sun said. “But if Bitcoin drops below $75,000, this prediction is invalid and could lead to a steeper drop.”
*Source: Decrypt*
30 minutes ago
Bitunix Analyst: ISM Manufacturing Contracts Again, Shadow Chair Rumors Heat Up, BTC Short-Term Focus on 88000 Resistance
December 2nd —
**Macro & Policy Updates**
The U.S. ISM Manufacturing PMI for November hit 48.2, marking its ninth straight month in contraction territory. Market hopes for a rebound failed to materialize, reinforcing expectations of Fed rate cuts. Meanwhile, recession fears flared again as economic outlook uncertainty deepened.
Trump is accelerating internal transitions, and the “shadow effect” of his incoming Fed chair pick is already emerging early. Markets fear monetary policy guidance could face dual-signal confusion over the next six months, potentially triggering sharp swings in the dollar and rate expectations.
**Crypto Market Volatility**
Amid macro and policy noise, the crypto market hit another bout of volatility overnight. Bitcoin (BTC) rebounded from lows to near $87,000, though its overall structure remains in a weak repair phase.
Short-term focus centers on whether BTC can break above the $88k liquidation level. A failure to clear this smoothly could send
30 minutes ago
Web3 robotics company XMAQUINA has announced the completion of a new funding round, led by Borderless.
December 2nd, Web3 robotics firm XMAQUINA announced it has closed a new funding round. The round was led by Borderless, with participation from Waterdrip Capital, vVv, Clairvoyant Labs, and strategic angel investors from Arkstream Capital, LD Capital, and KuCoin Ventures. Its terms align with those of the third wave of the prior Genesis Auction.
XMAQUINA added it will host a community presale with strategic partners ahead of its final Token Generation Event (TGE). Full details will be released in the coming weeks.
30 minutes ago
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