A Bitcoin (BTC) whale is now down about $13 million as BTC price has rebounded by around 40% from its February lows. However, the trader continues to stand by the short position.
Key takeaways:
A trader known as “pension-usdt.eth” is short 1,000 BTC worth roughly $81 million using 3x leverage.The BTC short position will be fully liquidated at $100,810, while Kalshi bettors now assign a 50% probability of BTC reaching $100,000 in 2026.Nearly $81 million risks liquidation if BTC hits $100,000
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Known by the moniker ‘pension-usdt.eth,’ the trader is short 1,000 BTC, worth about $81.06 million, with 3x cross leverage, according to data gathered by HypurrScan.IO.
The position, with exposure of over $80.87 million, was opened when BTC was trading for $67,990. As of Tuesday, the cryptocurrency had risen to around $81,000–$82,000, leaving the short position down just shy of $13 million.
BTC and ETH short positions of pension-usdt.eth as of May 12. Source: HypurrScan.IO
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