#ETH $ETH
The on-chain smart address pension-usdt.eth holds a long position of 30,000 ETH on the Hyperliquid platform, and has now entered a phase of reducing positions to secure profits.
Recent on-chain data shows that this address has just partially closed over 5,100 ETH of long positions, gradually locking in profits. From the operational rhythm, it is not a one-time liquidation, but a choice to proceed cautiously and realize profits as they go, showing a cautious attitude towards short-term market fluctuations.
After a rapid increase in the previous market, this continuous reduction in positions often indicates that funds are beginning to guard against the risk of pullbacks. It is worth keeping an eye on whether this address will continue to lower its positions or re-enter at key price levels.