The "ultimate bear" whale makes a 20x short on BTC, with unrealized profits exceeding $18 million and funding fees alone earning $9.56 million.
BlockBeats News, on December 14, according to HyperInsight monitoring, the "ultimate short" whale (0x5D2) is holding a 20x leveraged bitcoin short position, currently with a floating profit of $18.11 million, and has earned $9.56 million from funding fees. The entry price was $111,400, with a position size of 820 BTC.
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
The Kobeissi Letter: A new round of liquidity has arrived
SEC Chairman Paul Atkins warns that cryptocurrency could become a financial surveillance tool
Data: Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

