A certain contract whale went long and then shorted Bitcoin, with a position size of 28.44 million dollars

According to Hyperinsight monitoring, the contract whale pension-usdt.eth closed all its long positions when Bitcoin rebounded to $66,200, and started building short positions when it rose to $69,134. Currently, it is shorting 410 Bitcoins with 3x leverage, with a position value of $28.44 million, a liquidation price of $147,679, and an entry price of $69,334. As of the time of writing, pension-usdt.eth is still continuously increasing its positions.