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The Leverage Legend: How the Whale pension-usdt.eth Made a $505K Profit?
In a new development reflecting the professionalism of major market players, the well-known large trader titled pension-usdt.eth successfully closed their Bitcoin trade with impressive profits. According to monitoring data from Coinbob published by BlockBeats, this whale earned approximately $505,000 in recent times, demonstrating high skill in timing entries and exits.
Whale Strategy: From $30 Million to $67 Million
The scenario begins with a strategic move: this trader transferred about $30 million to the Hyperliquid platform in the early morning hours. They then waited for the right moment, taking advantage of a slight dip in Bitcoin’s price to enter at an average price of $67,100. The whale built a long position of 1,000 Bitcoin, totaling around $67 million. This large size reflects high confidence in the upcoming market trend.
Short-Term Strategy and Massive Profits
This whale’s approach features a different perspective from other traders. It relies on relatively limited leverage and a very short holding period, with an average duration of about 30 hours. The whale primarily focuses on Bitcoin and Ethereum, achieving remarkable results through this method. Since the beginning of October, this trader has accumulated over $23 million in profits, demonstrating the sustainability of this model over many months.
Profit Conversion: AAVE and Continuous Yield
This whale’s activity doesn’t stop at just taking profits from trading. In a wise move reflecting a deep understanding of capital management, they transfer their accumulated profits from Hyperliquid to yield-generating markets. Currently, they have about $22 million invested in the AAVE protocol, earning continuous interest. This approach combines profit from price fluctuations with passive income from lending, reflecting a comprehensive strategy to optimize returns.