Monitored Wallet Opens 44.19 Bitcoin Short Worth About $3 Million
HyperInsight states the wallet 'pension-usdt.eth' now still holds 3x leveraged short positions on 500 BTC and 30,000 ETH, with total unrealized losses reaching $3.45 million as of March 25.
BTC
ETH
USDT
Fact Check
The core facts of the statement—the wallet name 'pension-usdt.eth', the specific position sizes (500 BTC and 30,000 ETH), and the use of 3x leverage—are confirmed by multiple independent on-chain monitoring sources and news outlets (Phemex, Futu, OnchainLens). The specific loss figure ($3.45 million) and the 44.19 BTC trade are consistent with the highly volatile nature of these positions and the timing of the report (March 24-25, 2026).
Summary
HyperInsight reported on March 25 that the monitored wallet 'pension-usdt.eth' still held 3x leveraged short positions on 500 BTC and 30,000 ETH. The positions had a combined unrealized loss of $3.45 million. According to HyperInsight, the average entry prices were $68,884.2 for BTC and $2,034.47 for ETH. This is a significant update from the earlier report that focused only on a 44.19 BTC short worth about $3 million and a small unrealized loss.
Terms & Concepts
- Short positions: Trades that aim to profit from a decline in an asset’s price by betting the market will move lower.
- 3x leveraged: A position using borrowed capital to magnify exposure, making gains and losses move roughly three times faster than an unleveraged trade.
- Unrealized loss: A paper loss on an open position based on current market prices that has not been realized because the trade remains open.