Monitored by Woofun AI, on-chain activity indicates that wallet pension-usdt.eth has initiated a fresh 3x leveraged short position on ETH. This move follows the complete closure of all Ethereum short positions by the same entity just one day prior, suggesting a rapid shift in trading strategy.

The newly established position currently holds 871.3249 ETH, carrying a total value of approximately 1.5 million USD. As of the latest update, the trade has generated an investment return rate of 0.25%, reflecting early-stage performance metrics for this high-leverage bet.