Trader Pension-USDT.ETH turned short after making over $25 million in profits.

According to Odaily Planet Daily, Lookonchain monitoring shows that trader pension-usdt.eth has accumulated profits of over $25 million and has now switched from a long to a short position.

The trader closed out his previous long ETH position, making a profit of $278,000, and then shorted 20,000 ETH (worth $58.44 million) with a 3x leverage.