2026-01-02 09:19:20

Seeing an address adding to their ETH short position again in the past half hour, this time they increased to 18,875.18 ETH, with a market value of $57.32 million. The average opening price for this operation was $3,011.83. Based on the current price, they are already at an unrealized loss of $476,000. However, on the other hand, this whale has earned $537,000 from funding fees during this period, basically breaking even. The trading costs and fee income are roughly balanced, so it looks like this order didn't lose too much.

ETH2.35%

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TokenomicsTherapist

· 3h ago

This whale really dares to gamble, throwing away $57.32 million like that... Earning $537,000 in funding fees barely breaks even, this life is way too hardcore.

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VibesOverCharts

· 3h ago

This whale is quite the player; the costs ate up the unrealized gains, so it's a huge profit without loss, right?

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FlippedSignal

· 3h ago

This whale's mentality is really steady; even unrealized losses can be offset by funding fees. Retail investors like us wouldn't even dare to think about that.

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AirdropGrandpa

· 4h ago

This whale is still gambling, and the funding fees have eaten up quite a bit.

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NFTArtisanHQ

· 4h ago

ngl the funding rate arbitrage game is basically the meta-narrative of current market dynamics... whale's playing 4d chess while most of us are still thinking in 2d 🤔

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