Whale Mutation Strategy: Close $278,000 ETH long positions and switch to 20,000 short positions for sniping

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【Chain News】On-chain data tracker Lookonchain has discovered that an active trader with the nickname pension-usdt.eth recently made a major move.

This trader’s account has a historical profit exceeding $25 million, and this time he completely reversed course—from long to short.

What exactly did he do? First, he closed his ETH long positions, earning $278,000 from this move. But that’s not the end of the story. Immediately afterward, he went short on 20,000 ETH with 3x leverage, involving a total position value of up to $58.44 million.

From chasing the rally to looking for a decline, such a 180-degree strategic shift often reveals some market players’ short-term outlook. For traders paying attention to whale movements, changes in large holders’ positions are indeed worth monitoring.

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TradFiRefugeevip
· 16h ago
This guy is really ruthless, directly made 278,000 from long liquidation and then turned around to short 20,000 ETH... Did he sense something?
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BrokenDAOvip
· 16h ago
Another signal of a big whale dumping? This trick is seen all the time—profit and run, leaving the retail investors to pick up the pieces.
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TokenomicsPolicevip
· 16h ago
The guy with a $25 million historical profit suddenly did a 180-degree turn. Something doesn't feel right.
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fren.ethvip
· 16h ago
Bro, are you trying to dump the market? A short position of $58.44 million... I don't believe you.
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consensus_whisperervip
· 16h ago
Is the big whale rushing to short so eagerly? Did they smell something? Stay alert.
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DeFiGraylingvip
· 16h ago
Wow, this guy directly took home 25 million and still dares to do a 180-degree turn to short over 58 million? Either he truly sees through it, or he's just a gambler. I, a small retail investor, can't understand this.
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