A whale trader known as "pension-usdt.eth" has contributed a $85 million bullish bet on Bitcoin

BearMarketBard · 2026-01-12T13:36:07+00:00

A major trader recently opened a 3x leveraged long position in Bitcoin worth $85 million, indicating optimism for price increases. Despite an unrealized loss, the trader has a strong track record of profits through active short-term trading strategies.

BearMarketBard

2026-01-12 13:36:07

Abstract generation in progress

According to the latest monitoring from Coinbob Popular Address Monitor, a major whale trader has recently taken a significant step in the market. By opening a 3x leveraged long position on Bitcoin, the address “pension-usdt.eth” shows strong optimism about a price increase.

Current Position Details

The new position is sized at 1,000 BTC coins, valued at approximately $85 million. The entry point is set at $86,300 per coin. With the current Bitcoin price at $90.68K, the position is experiencing an unrealized loss of $1.08 million, representing a -3.8% drawdown since the trade was launched.

Aggressive Trader’s Track Record

This whale is known as an active short-term trader who employs low-leverage strategies and full positions in major cryptocurrencies like BTC and ETH. Over the past 30 days, the address has gained $17.46 million in profit, with December alone yielding an $8.54 million benefit.

On December 17, the trader closed a leveraged ETH short position with a loss of $2.09 million, ending their 13 consecutive winning trades. This demonstrates a strategic shift from short positions to bullish directional bets.

Trading Style and Market Implications

The average holding period for this whale is about 20 hours, indicating a focus on short-term arbitrage and momentum-based strategies. This pattern shows confidence in immediate price action and strategic agility in rapidly changing market conditions.

BTC1,63%

ETH0,67%

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