Bitcoin Whale Nets $12.5M from 2-Month BTC Short, $9.6M Funding Fee, and $3.5M BTCB on BNB Chain
COINOTAG News, citing Arkham Monitoring, reports that a prominent whale trader realized and unrealized gains totaling $12.5 million from a BTC short held for about two months. The extended holding period produced a funding fee of roughly $9.6 million, underscoring the cost dynamics of sustained leverage over time.
The report also notes that the trader holds about $3.5 million in BTCB on the BNB Chain, signaling cross-chain exposure among large holders and broader network activity in cryptocurrency markets.
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
US ETF Market Hits Triple Crown While BTC Bleeds and XRP Soars
Altcoin Market Cap Breaks 90-Day Downtrend: 5 Crypto Coins Worth Risking as TOTAL Eyes an 80% Upside Move
Bitcoin Price Trading Near 'Fair Value,' Says On-Chain Model

Stablecoins hit $310B ATH, but macro and regulatory questions arise

