Whale "pension-usdt.eth" Faces $3.3M Loss on Bitcoin Long Position After Israel-Iran Conflict

BTC-0,53%

Gate News bot message, following Israel’s attack on Iran, the cryptocurrency market experienced a sharp decline. The whale address “pension-usdt.eth,” who had opened a $BTC (3x) long position totaling 1,000 $BTC valued at $67.39M, is currently facing a floating loss exceeding $3.3M.

According to Onchain Lens on February 27, 2026, the whale initially had a floating profit of over $500K on this leveraged Bitcoin position before the market downturn.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Data: If BTC drops below $61,952, the total long liquidation strength on mainstream CEXs will reach $1.216 billion.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $61,952, the total long liquidation strength on major CEXs will reach $1.216 billion. Conversely, if BTC breaks above $68,392, the total short liquidation strength on major CEXs will reach $978 million.

GateNews15m ago

CryptoQuant Reports CME Basis Compression, Says Bitcoin Bottom Not Formed

_CME basis compression and a 47% drop in open interest signal deleveraging, but no clear capitulation bottom has formed._ Signs of stress are building in Bitcoin’s derivatives markets. Cooling demand for futures exposure and a sharp drop in open interest signal that deleveraging is still

LiveBTCNews56m ago

Minnesota Weighs Total Ban on Bitcoin and Crypto ATMs

In brief Lawmakers in Minnesota are considering a total ban on crypto ATMs. The state passed a regulatory framework for the machines in 2024. Countries like New Zealand have recently imposed sweeping bans. Lawmakers in Minnesota are considering a total ban on crypto ATMs, with

Decrypt2h ago

Buying Bitcoin? Hold at least 3 years to avoid losses, data shows

Bitcoin (CRYPTO: BTC) has repeatedly tested patient investors, and a long-hold thesis appears increasingly robust when examined through multi-year price histories. A Bitwise Europe study looking at BTC’s price data from mid-2010 through early 2026 finds that the odds of ending a multi-year

CryptoBreaking2h ago
Comment
0/400
SubwayKingvip
· 9h ago
Happy New Year 🧨
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)