This message, if you only take it as a sentence

'Another on-chain god made a fortune',

Then you have learned nothing.

Old Shi will give you a conclusion:

pension-usdt.eth does not make money by direction, but by 'structure + rhythm' to seize the market.

First, put the results on the table (the data itself is already exaggerated)

According to on-chain analyst Ai Aunty (@ai_9684xtpa) monitoring:

Address: pension-usdt.eth

Platform: Hyperliquid

December contract trading: 17 trades

Profit: 16 trades

Win rate: 94.1%

Total profit: 24.04 million USD

Current position structure:

ETH long position: 30,000 pieces

Value approximately 89.72 million USD

ETH long position scale: Top 3 across the platform

Average opening price: 2,969.6 USD

At the same time:

9 hours ago

👉 Close BTC long position

👉 Profit 1.258 million USD

This is not about "catching a wave of market movement",

This is continuous output.

Two, why is he not a "gambling god type account"?

If you look closely at three details, you'll find something wrong.

1️⃣ High win rate, but not many trades

17 trades in a month.

What does this indicate?

👉 He does not engage in high frequency trading

👉 Do not trade based on emotions

👉 Only take action when the structure is clear

The truly dangerous accounts are often:

Low win rate

But betting your life on heavy positions

While pension-usdt.eth is exactly the opposite.

2️⃣ Handle BTC and ETH separately, do not get attached to battles

This point is crucial.

BTC long position:

👉 Take profits when there are profits

👉 Do not get attached to trends

ETH long position:

👉 Clearly a medium-term structural position

What does this indicate?

He uses different time frames for different assets.

This already reflects institutional-level thinking.

3️⃣ ETH position is very "textbook"

Average opening price 2969.6 USD.

Recall the trend of ETH:

Do not chase at emotional highs

More like in

👉 The market hesitates

👉 The greatest divergence

👉 A range where both bulls and bears dare not be aggressive

In one sentence:

He acts when others are most hesitant,

Gradually building up positions.

Three, why can he achieve this level on Hyperliquid?

Platform choice is part of the answer.

Hyperliquid has three characteristics, very suitable for such traders:

1️⃣ On-chain transparency

👉 No black box, no slippage

2️⃣ High leverage + deep liquidity

👉 Can finely manage positions, rather than going all in

3️⃣ The capital structure is more inclined to "smart money"

👉 Retail noise is relatively low

In other words:

This is the stage set for "calm traders".

Four, what does this type of account mean for the market?

Lao Shi says something you might not want to hear:

The more such accounts appear,

The less likely the market is to have a "foolish one-sided trend".

Why?

He does not chase highs

He does not panic

He is not led by news

He only does one thing:

👉 In volatility, gradually eating away at emotional money.

Five, what can you learn from him? (Key point)

Don't learn from him how much he has made,

You won't learn that.

But you can learn three things:

✅ 1. Less action is more important than more action

He has 17 trades in a month, while you have 17 trades in a day,

That is not a gap in ability, but a difference in systems.

✅ 2. Different coins, different cycles

BTC does not necessarily have to be taken in waves,

ETH is not necessarily rolled over every day.

✅ 3. The ability to close positions is itself a skill

A true expert,

It's not about opening positions, it's about exiting at the moment of "seeing right but not being greedy."

Six, Lao Shi's final judgment

I'll give you a very straightforward summary:

The terrifying aspect of pension-usdt.eth,

It’s not about him making 24 million,

It’s about—

He treats "high win rates" as the norm.

This type of account,

Often not the fuel for market movements,

But rather a reaper of market trends.$ETH

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