Whale Trader "pension-usdt.eth" Takes Profit on Half of BTC Short Position, Turns Around to Increase ETH Short Position to $61.4M

March 23rd — Per Coinbob Popular Address Monitoring (via https://t.me/Coinbob_track_CN), the "pension-usdt.eth" address (0x0ddf...) turned a BTC short position from loss to profit over the past 4 hours. It then continued profit-taking by cutting the position size from $67.5 million to $33.9 million, while the remaining position still holds roughly $500,000 in profits. All margin freed up from profit-taking was fully transferred to its ETH short position (which remains in unrealized loss) as the address kept averaging down its cost. The ETH short size jumped from $20.3 million to $61.4 million, with an average entry price of $2034. Currently, it faces an unrealized loss of around $440,000. After this repositioning, the address is now the largest BTC and ETH short seller on Hyperliquid. This address typically profits from swing trading, with a strategy centered on low leverage, short holding cycles (average ~20 hours), and large BTC/ETH positions. Since October 2023, its cumulative profits have exceeded $27.8 million.