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Whale pension-usdt.eth Exits ETH Short Position on May 27, BTC Shorts Down $7.87M

GateNews
ETH-2.21%
BTC-1.94%

According to BlockBeats, the whale address pension-usdt.eth closed approximately $3.35 million of its ETH short position on Hyperliquid on May 27 after holding bearish bets for nearly two months.

The address currently holds 3x BTC shorts of $75.86 million with unrealized losses of $7.87 million (down 32.4% at an average price of $67,992), and 3x ETH shorts of $37.86 million with unrealized gains of $870,000 (up 3.6% at an average price of $2,131). Overall net unrealized losses stand at approximately $7 million.

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