COINOTAG News, citing Lookonchain data, reports that the on‑chain wallet pension-usdt.eth has expanded its ETH long exposure by deploying 2x leverage, purchasing 20,000 ETH for a notional near $60.9 million at an entry price of about $3,041 per ETH.
The position carries a defined risk parameter, with the liquidation price set around $1,190.66, aligning potential downside with current price levels. This move underscores sustained demand from large holders for strategic ETH exposure, even as market liquidity and volatility warrant careful risk management.
Source: https://en.coinotag.com/breakingnews/ethereum-whale-pension-usdt-eth-bets-big-on-eth-with-2x-leverage-purchases-20000-eth-at-3040-92-entry-liquidation-1190-66
