Trader Shifts Strategy After Profitable ETH Short Position

According to Foresight News, Lookonchain has reported that the trader known as pension-usdt.eth has changed their trading strategy after closing a profitable short position on Ethereum (ETH). The trader secured a profit of $910,000 from the short position and has now transitioned to a long position. They have opened a leveraged long position of 20,000 ETH, utilizing a 2x leverage, which is valued at approximately $56 million.