Did you notice a detail? That insanely high win-rate veteran is making moves again.

pension-usdt.eth—that’s right, the on-chain whale who almost never misses, whose every move is scarily precise. This time, he went all in with 2x leverage on ETH, scooping up 20,000 coins in one go.

Entry price: $3,040.92.
Position size: $60.93 million.
Liquidation price? $1,190.66—ETH would have to crash to a point where the entire market questions reality.

Don’t treat this as just another dip-buy. This is the kind of “paper losses are fine, but never let go of the chips” top-tier player logic.

There are actually three things worth pondering about this trade:

**Layer One: The whale sees the recent dump as ‘discount goods hitting the shelves’**

Around $3,040, ETH has repeatedly tested, bounced, and wicked back up over the past week. Retail sees this as a sign of weakness; big players see it as “the prime window set up intentionally for accumulation.”

Just look at his trading pattern:

- Price drops → he buys
- After the dip, price chops sideways → he keeps buying
- Sideways action shakes out retail → he adds more with leverage

This isn’t just scaling in—this is using capital to “cement” the cost floor for the next leg up.

**Layer Two: ETH has entered the ‘bottom of chip rotation,’ and the whale is anchoring his cost here**

Why is $3,040 worth such a heavy position?
Because this is a major chip concentration zone for ETH in this cycle.

The market has battled at a few key spots:

- $2,850 was the initial hard floor (first time bears got decisively overrun)
- $3,040 has become the new chip accumulation zone (the price where the whale chose to lock in his position)

When a consistently high win-rate address is willing to go leveraged and lock in at this level, it means he’s not looking at short-term volatility, but has confirmed a mid-term trend reversal.