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The Whale shorted ETH yesterday and made 910,000, today directly took the opposite position and went long with 56 million.
On December 2nd, an interesting scene occurred: the large investor behind the wallet address pension-usdt.eth has taken action again, this time directly going long. He opened a long order of 20,000 ETH with a leverage of 2, investing 56 million USD, with an average cost of 2825.9 USD.
Yesterday this guy was quite impressive—he shorted 2x before the big drop of ETH, holding a position of 18 million USD at that time, and finally closed the position with a profit of 910,000 USD. Now he suddenly flipped to go long, it seems he caught some signals. This kind of quick switching between long and short positions is either an extremely precise market judgment or just betting on a rebound. Anyway, with 56 million sitting there, it's worth paying attention to the subsequent trends.