04:51 a.m. — ETH suddenly surged. The on-chain address 0x0ddf…38a902 (ENS: pensionusdt.eth, nickname “Pension Fund”) had its margin breached. Nearly 50,000 ETH short positions were force-liquidated by the system. The liquidation amount per single trade was $111 million. Within one minute, everything was liquidated; the actual loss was about $16 million.
This address isn’t new: it had previously accumulated $17.76 million in profits, then lost $16.2 million over the past month, almost returning to square one. Position, amount, and address—everything is verifiable on-chain.
#ETH #Whale #OnChain
This address isn’t new: it had previously accumulated $17.76 million in profits, then lost $16.2 million over the past month, almost returning to square one. Position, amount, and address—everything is verifiable on-chain.
#ETH #Whale #OnChain