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Monitored by Woofun AI, the wallet address pension-usdt.eth is systematically reducing its short exposure in ETH. Current on-chain data indicates the remaining short position stands at $80 million, with the trade generating an unrealized profit of $2.77 million.
This adjustment contributes to a substantial total profit of $40.16 million for the account. The gradual closure of positions suggests a strategic shift toward capital preservation as the entity locks in gains from its bearish ETH bets.