Crypto Whale Resumes Position Holding Bitcoin with Leverage

MetaverseLandlord · 2026-02-27T09:08:25+00:00

In mid-February, a notable cryptocurrency whale, 'pension-usdt.eth', re-established a long leveraged position in Bitcoin after previous successful trades. Holding 58.12 BTC at an average price of $67,908, this move indicates confidence in Bitcoin's potential rise amidst market conditions.

MetaverseLandlord

2026-02-27 09:08:25

Abstract generation in progress

In mid-February, the Bitcoin market saw an interesting move from a well-known crypto whale. According to data from BlockBeats, the account ‘pension-usdt.eth’ has decided to reopen a long-term leveraged position on Bitcoin after achieving impressive profits from previous trades.

Reopening a Large-Scale Position

This whale currently holds 58.12 BTC through a 3x leveraged position, with an entry price of $67,908 per coin. This move indicates a restructuring of a major trader’s position, showing confidence in Bitcoin’s continued upward momentum amid the current market conditions. The current BTC price is $67,970, nearly unchanged from the whale’s entry point.

Profitable Trading History

Before reopening this position, ‘pension-usdt.eth’ had closed a profitable Bitcoin buy position and reportedly made around $1 million in just one trading day. This demonstrates the power of position management and leverage in this highly volatile crypto market. The decision to reopen the position reflects the whale’s strategic choice to maintain exposure to Bitcoin even while using complex financial tools.

BTC-2.64%

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