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Crypto
Whale 'pension-usdt.eth' Opens $61M Long Position on Ethereum
12/07/2025, 08:06
AI SUMMARY
●Whale 'pension-usdt.eth' opens 2x long position on 20,000 ETH ($60.9M)
●Entry price set at $3,040 with a liquidation threshold around $1,190
●Move indicates renewed bullish sentiment from major on-chain entities
On-chain data provider Lookonchain reports that the whale address known as 'pension-usdt.eth' has re-entered the market with a significant long position on Ethereum. The entity purchased 20,000 ETH, valued at approximately $60.93 million, at an entry price of $3,040.92.
The position is reportedly leveraged 2x, with a calculated liquidation price of $1,190.66. This substantial accumulation signals strong bullish conviction from large-scale holders despite recent market volatility.