A Whale Shorts BTC, Realizing a $12.5M Gain, Earns $9.6M Funding Fee in 2 Months
BlockBeats News, December 24th, according to Arkham Monitoring, a certain whale trader has realized and unrealized gains totaling $12.5 million USD with a BTC short position held for 2 months.
Due to the extremely long holding period, the funding fee alone from this trade has reached an impressive $9.6 million USD. Additionally, the trader also holds $3.5 million USD worth of BTCB on the BNB Chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ADARx Pharmaceuticals Plans IPO of 21.9M Shares at $15-$17 Each
Sector Update: Healthcare Stocks Mixed Premarket Monday
Insmed Says FDA Grants Priority Review to Arikayce Supplemental Filing for MAC Lung Disease
FCA Issues Guidance on New U.K. Cryptoasset Regime
Crypto prices
More
