Bitcoin Whale 'pension-usdt.eth' Stays Short 1,000 BTC at 3x Leverage Amid $13M Losses
Prominent trader 'pension-usdt.eth' remains short 1,000 BTC with 3x leverage, facing ~$13M in unrealized losses as Bitcoin holds near $81k after a ~40% rally from February lows. The position, opened near $67,990, risks full liquidation at $100,810 (~$81M exposure), compounded by a 20,000 ETH short pushing total bearish bets over $127M. Technicals indicate upside exhaustion via a rising wedge and 200-day SMA at $82.4k, targeting a ~$71,500 pullback to trim losses, though ETF inflows and Ichimoku cloud support create mixed signals and elevate volatility risks.