Ethereum (ETH) Whale on Binance Expands ETH Short to 30,000 ETH Worth About $88 Million

According to HyperInsight on December 28, a Binance whale named pension-usdt.eth continues to expand its ETH short exposure. The position covers 30,000 ETH coins, valued at roughly $88.245 million, with an entry price of $2,928 and an unrealized loss near $400,000.

Monitoring indicates a bias toward short-term swing trading, with near-full BTC and ETH bets taken at low leverage. The typical holding window is about 20 hours, contributing to approximately $13.87 million in profit over the past 30 days.

This activity highlights ongoing whale liquidity dynamics across crypto markets. While informative, readers should rely on verifiable data and cautious risk assessment, avoiding speculative interpretation of such large-holder moves.

Source: https://en.coinotag.com/breakingnews/ethereum-eth-whale-on-binance-expands-eth-short-to-30000-eth-worth-about-88-million