Monitored by Woofun AI, whale address pension-usdt.eth has initiated a significant bearish trade by opening a short position of 26,499 ETH. The position utilizes 3x leverage, resulting in a total notional value of approximately $46 million.

Concurrently, the address has placed additional orders intended to further increase this short exposure, signaling heightened conviction in near-term downward price action for ETH.