「BTC OG Insider Whale」 Holding Long Position for Almost a Month Has Lost $5.55 Million in Funding Fees

18 hours ago

On January 10th, monitoring by HyperInsight (via its Telegram channel at https://t.me/HyperInsight) shows that the "BTC OG Insider Whale" has paid a total of $5.55 million in funding fees since it began absorbing losses on December 12, 2025. Specifically, to maintain its 5x-leveraged ETH long position (with a notional value of $627 million), the whale has paid $4.615 million in funding fees, and this position currently has a floating loss of $12.09 million. Notably, the whale was nearly $80 million in floating losses on December 19, 2025, but turned those losses into gains following the market rebound on January 4. It once held a floating profit of $27 million but has not reduced its position. Currently, its overall floating loss is approximately $9 million, while its SOL long position has a floating profit of $3 million.

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